Canmore Real Estate for Sale

Mountain living is becoming an increasingly attractive option for those looking to move away from the city. Real estate in Canmore, Alberta, is enjoying a boom as a consequence. It is a well-established tourist destination due to its picturesque backdrop of the Rocky Mountains. Its serenity, proximity to Calgary, and abundance of natural attractions have made Canmore one of the best-performing markets in the province.

Types of Properties

Canmore real estate offers two types of properties- homes and condos. Standalone houses offer the acreage and floor space that would befit a family. Offerings typically have three bedrooms and two baths, though listings are in abundance on either side of that average. Apartments and condos are cheaper in comparison and consequently more popular. They serve the younger generation of residents and tourists who flock to the quaint town during the busy season. This annual influx of visitors and vacationers has made rental properties attractive investment vehicles for real estate developers and investors.

Property Prices

Its long list of desirable attributes has pushed prices of Canmore AB real estate well beyond average. While property prices are more expensive in the town, they underline how healthy the real estate market is. The median price for homes is around $1m. Detached family homes are the priciest, with the best high-end units asking for over $5m. Apartments are reasonably more affordable, with a median asking price of $650,000.

Canmore homes for sale are suitable for every kind of budget. Here are a few examples of each.

Affordable

For a first-time buyer, or investor looking for a recreational home to let out, a lovely condo starts at $105,000 along Mountain Avenue. You get two bedrooms and two baths for this price and a large patio offering unobstructed views of the landscape. The interiors feature beautiful cabinetry work and natural stone in the countertops and bathrooms. All utilities are included, together with a fitness room shared by the condo units. These properties are ideal for renting out or as use as vacation homes.

Intermediate

For $750,000, you can get a lovely condo in Spring Creek. With walk-out patios, granite countertops, quality finishing, and high-end fitted appliances, it is a perfect place to live or invest in. However, if you want something more exclusive for the same price, you can get a home in Grotto Road with 2+2 beds and three baths. These south-facing detached homes have spacious outdoor areas and decks to enable you to soak in the surrounding landscape.

Premium

Cairns Landing offers an exquisite condo with five bedrooms and five baths. These condos nestled among the trees in a gated community offer luxurious interiors with premium appliances, wraparound decks, and spectacular entertainment areas outdoors. For more upscale living, Miskow Close has a standalone house that costs slightly more. The three-bed, five-bath home features tall ceilings, large windows, all-ensuite bedrooms, and large patios. In addition, a large 2/3 acre lot offers a green space that is ideal for walking and biking.

Homes for sale in Canmore are being listed for less than a month, indicating a huge demand. It's the most positive indicator of why you should invest in the town.

Please contact Arbus Mountain Homes at 403-869-6200 for inquiries.