Medicine Hat is a city located in the south east area of Alberta, Canada. It is situated alongside the South Saskatchewan River. It is about 295 km southeast of Calgary and 169 km east of Lethbridge.
Medicine Hat ranked number 21 the most livable city in Alberta, Canada. The Maclean’s Magazine has shown that it is one of the best communities in Alberta, Canada. The total average cost of living in Medicine Hat is approximately $1,441. The average rent in the city for 1 bedroom apartments is about $803 per month. The utilities cost here is about $142 a month.
Besides the rest, houses are also available at reasonable rates in the city for sale. The affordable lifestyle in Medicine Hat attracts many families to settle in the city.
Affordable houses to live in Medicine Hat
The community housing society of Medicine Hat has constructed around 85 affordable housing units in the city under AHPI, stands for Affordable Housing Partnerships Initiative that is granted from Federal and Provincial governments and along with the donation of residential land from the city and many other government and private grants.
The community housing society of Medicine Hat has further managed 32 affordable housing units that are owned municipally. The city of Medicine Hat has constructed these houses with the assistance of the government of Alberta Capital Grant Funding.
The most affordable housing units in Medicine Hat are single family residential units, condominiums and townhouses. Single family houses are the stand alone buildings. These buildings can be detached, semi-detached or attached. The second one is a condominium. A condominium, also known as Condo, is a residential complex that has many individual units. These all are attached and share parking areas, garages, gym etc. Each of the units is owned individually. The last one is a townhouse which is a type of terraced housing.
Townhouse in Range in $100K to $300K and Real Estate Market Condition of Medicine Hat
The most demanding construction styles in Medicine Hat is townhouses. These houses are constructed in lines in different Streets of the city. You can easily buy a well constructed townhouse within the range of $100k to $300k.
A beautifully designed three bedroom and two bathroom townhouse is available for sale at 101, 165 Southridge Drive SE, Medicine Hat, Alberta, Canada. This house costs only $240,000. Another well constructed townhouse with two bedrooms and one bathroom is available for sale at 103 Cooney Road SE, Medicine Hat, Alberta, Canada. This townhouse costs only $174,000 which is a cheaper price.
Similarly, you can buy a townhouse at 389 Northlands Pointe NE, Medicine Hat, Alberta, Canada. This two bedroom house alone with a one bedroom costs only $155,000.
Currently, around 253 active residential properties are available for sale in Medicine Hat. The average asking price of these properties is approximately $370,885. Residential history of the city has shown that most sold-out houses in Medicine Hat are townhouses, single family detached houses and row houses.
