Inner City Calgary Building – Infills
Monday, February 13th, 2012I’m currently marketing both 50′ lots and new infills in Altadore, SW and Montgomery, NW. I thought 
it would be interesting to compare median prices of a few inner city neighbourhoods.
I went back 6 months and looked at homes that were built since 2009 with a maximum lot frontage of 8 meters (25′) that have been sold:
- In Altadore there have been 13 sales with a median price of $864,492
- In West Hillhurst there have been 7 sales with a median price of $820,000
- In Montgomery, there have been 5 sales with a median price of $533,930.
What is the Median SALE price of a 50′ building lot? (Past 6 months)
- In Altadore, there have been 15 reported MLS sales with a median price of $594,200
- In West Hillhurst there have been 15 sales with a median price of $567,283
- In Montgomery there have been 16 sales with a median price of $320,000
Assuming nothing was to change and you were going to buy land at median price, and sell at median price, where would you buy land in order to sell at the highest profit?
