Recent row-home pricing and supply give this option more practical weight than many people expect.
If you want more space than an apartment without stepping all the way into detached pricing, a row home may deserve a closer look. In Airdrie, AB, row homes were typically valued at $361,200 last month, compared with $266,800 for apartments and $478,800 for semi-detached homes.
That puts row homes in a very specific middle ground. Over the previous 30 days, Airdrie, AB row homes recorded 36 sales, 51 new listings, 97 active listings, and 2.69 months of supply. A typical sale took 41 days, and accepted prices averaged 98.0% of asking. For someone trying to simplify or right-size without giving up too much functionality, I think this category deserves serious consideration. The recent value sits well below semi-detached pricing while still offering a different layout and ownership experience than an apartment. The supply level also shows there was usable choice, but not so much that sellers had no footing. Compare row homes directly against apartments and semi-detached properties before you rule them out. Focus on layout, monthly cost, and how long you plan to stay. Use the recent value of $361,200 last month as your anchor when evaluating asking prices in Airdrie, AB.
About Ankur
Ankur is a licensed Real Estate Professional affiliated with Cir Realty| Buysellhomesyyc, specializing in the Airdrie market. With a focus on strategic marketing and deep local knowledge, Ankur provides clients with expert guidance in navigating complex real estate transactions. View full profile →