$529,900
1804 29 Street Southeast
Medicine Hat, Alberta
6bed3bath
ROYAL LEPAGE COMMUNITY REALTY
MLS® A2327684
detached in Medicine Hat
Browse 167 active listings
Market Analysis
In Medicine Hat, the active market for detached homes attracts a diverse array of buyers, including families, retirees, and young professionals looking for spacious living options. Families with children often gravitate towards neighborhoods like Crescent Heights and Southridge, where proximity to schools such as Vincent Massey School and Riverside School are prioritized. Retirees are drawn to the tranquil lifestyle in areas like Saamis Heights, which boasts beautiful parks and a strong sense of community. The mix of newcomers and those relocating from larger cities creates a vibrant community that appreciates the balance of urban amenities and nature proximity.
Price Insights
With the average price of detached homes in Medicine Hat hovering around $449,769, buyers can expect to find a wide range of options that cater to various needs. For those exploring the $400,000 to $500,000 price band, properties on streets like 10th Avenue NW or 9th Street SE typically feature modern finishes and spacious backyards, ideal for families or entertaining. In the upper price range, around $800,000, you may discover luxury homes in prestigious neighborhoods like Maple Avenue, often boasting custom designs, high-end appliances, and expansive outdoor spaces that make them perfect for hosting summer barbecues or family gatherings.
Available Properties
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About This Property Type
Detached homes in Medicine Hat are characterized by their spacious layouts, private yards, and a variety of architectural styles ranging from classic bungalows to two-storey modern designs. Many homes feature generous lot sizes, providing ample outdoor space for gardening or recreational activities. In neighborhoods like Parkview and Ranchlands, buyers can find properties equipped with contemporary amenities, ensuring that residents enjoy both comfort and style. The presence of double garages and basements further enhances the appeal, offering additional storage or recreational possibilities.
Location Highlights
Medicine Hat, often called the ‘Sunshine City’ due to its impressive number of sunny days per year, stands out for its warm community spirit and stunning natural surroundings. The city's location along the South Saskatchewan River provides residents with multiple outdoor recreation opportunities, including parks such as Echo Dale Regional Park and Police Point Park, where families can enjoy hiking, picnicking, and wildlife watching. The downtown area features local boutiques and restaurants, while major amenities like Medicine Hat Regional Hospital and the Medicine Hat Mall ensure that residents have convenient access to essential services.
Investment Advice
Investing in a detached home in Medicine Hat can be an astute choice, especially given the median price of $442,450. With the local economy showing steady growth and an influx of new residents, properties here are likely to appreciate over time. Consider targeting neighborhoods that are in the midst of revitalization, such as the historic downtown area, which is seeing an uptick in demand and new developments. The rental market is also appealing for those looking to invest, as the city’s affordable housing and amenities attract long-term tenants.
Buying Tips
When considering a detached home in Medicine Hat, conduct thorough research on the local market trends and property values. Prioritize neighborhoods that align with your lifestyle needs—whether you need access to schools for children or amenities for aging family members. Don't hesitate to explore homes on both sides of the price spectrum; sometimes, properties slightly above your budget may offer features that justify the investment. Finally, engaging with a local realtor who understands the nuances of Medicine Hat's market can provide you with valuable insights and open doors to listings before they hit the broader market.
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Frequently Asked Questions About Medicine Hat
How many detached homes are for sale in Medicine Hat?
There are currently 167 detached homes listed for sale in Medicine Hat on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Medicine Hat?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.