Medicine Hat
Medicine Hat is a city present in southeast Alberta, Canada. This city inherited its name Medicine Hat from the word “ Saamis” which means that of a medicine man. Medicine Hat is known as the “ oasis of the prairies” and also known as the sunniest city of Canada. This city is situated 3 hours east of Calgary, approximately 146 Km of the US Border and almost 50 Km or 31 miles east of the Canadian Forces Base Suffield. Medicine Hat is a relatively affordable city to live in according to an average monthly salary of $2,274.
What can new families afford in Medicine Hat?
Approximately 581 rental units and 386 private market rent supplements are directly managed by the Medicine Hat Community Housing Society. These units, in Medicine Hat, are available for the household with modest or low incomes.
According to Medicine Hat Real estate Statistics, the lowest priced house in the city is 48,900 so families can easily afford an apartment between the range from $400,000 to $550,000. A 3 bed and 3 baths residential apartment is available in #23 Taylor Cres SE, Medicine Hat Alberta. This residential apartment with a total covering an area of 1,873 sq ft has cost $424,900. The same 3 bed and 3 bath residential apartment is available in 337 Ranchview Court NE, Medicine Hat, Alberta. But this apartment has a large covering area i.e. 1,314 sq ft and obviously the larger the area, the higher the price will be but it is not that much that one cannot afford it. It cost only $464,900.
What kind of houses can they afford?
According to Medicine Hat Real estate Statistics, the average housing price in the city is $330,150 which is very affordable. The highest and lowest housing price in Medicine Hat is $1,899,000 and $ 48,900 respectively.
Different construction styles make Medicine Hat more attractive. Different types of houses with different active listings are available. The number of active listings of homes, townhomes, apartments, semi-detached, and multi-family homes is 155, 31,53,19,12,14 respectively. Homes in Medicine Hat are straightforward to find and the price is not too high that’s why anyone can buy any type of house.
What are the cheapest neighborhoods to live in?
Outdoorsy people in Medicine Hat will not be disappointed as the city has over 115 kilometers of hiking, beautiful sunsets, and scenic landscape. The most beautiful and cheapest neighborhoods are:
Crescent Heights is located on the northside of Medicine Hat above the valley. It has many schools, affordable condos, and homes. Ross Glen is present in the southeast end of Medicine Hat and is considered ideal for young families. Sourheat Hill is the oldest area of Medicine Hat. with picnic areas, paved trails, outdoor facilities this is an amazing area to live. Riverside with its boulevards and nature trees this is one of the wonderful and loveliest parts of Medicine Hat.
