Housing
Whether you prefer to own your own home, enjoy the flexibility of a condo or desire the independence of renting a town home or apartment, Lethbridge offers a broad selection of home options to choose from. The average home prices in Lethbridge are among the lowest of all the major cities in Western Canada and according to the Canadian Mortgage and Housing Corporation’s Housing Market Outlook Q1, 2012 this trend is expected to continue through to 2013. There are numerous neighborhoods throughout the city and a multitude of neighboring communities in the surrounding County of Lethbridge which cater to every lifestyle. There are a range of housing densities available, from historical properties and upscale condominiums to stylish duplexes and town houses, with numerous alternatives available in both the new and resale home market.
The selection and outstanding value of housing in Lethbridge definitely adds to the appeal of the city. You will find new designs in exclusive neighbourhoods including SunRidge, the first “Built-Green” community in Canada, as well as affordable starter homes in every corner of the city.
Newer subdivisions and more mature neighbourhoods offer safe and comfortable surroundings close to all amenities and ideal for families of every size. In fact, Lethbridge's London Road Neighbourhood is among the 12 Best Old House Neighbourhoods in Canada according to This Old House magazine 2011.
If don’t want to deal with maintenance, there are a number maintenance-free developments suitable for those preferring an adults-only environment.
Public transit is provided to all residential areas by the Lethbridge’s transit department, LA Transit. These are just a few of the things that contribute to the quality of life and lower cost of living that Lethbridge residents enjoy.
| Average Home Price Comparison |
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Homes are defined as single family detached dwellings.*Red Deer is classified as Central Alberta by the Canadian Real Estate Association.
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Canadian Mortgage and Housing Corporation, Canadian Real Estate Association, February 2012.
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| Housing Affordability Comparison |
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Residential Property Tax and Utility Rates Survey, City of Edmonton 2010
2012 Average Home Price, Canadian Real Estate Association
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| New Housing Affordability Comparison |
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Residential Property Tax and Utility Rates Survey, City of Edmonton 2010
2012 Average New Home Price, CMHC
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| Average Rental Cost & Vacancy Rate Comparative |
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Denotes the Census Agglomeration Area of Wood Buffalo.
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CMHC, Fall Rental Market Report, Alberta Highlights, 2010 & 2011 Edition
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For more information on housing in Lethbridge, please contact:
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