South Hill, buried between nature and commercial Red Deer, is a unique area that holds a lot of potential for the avid investor. The neighborhood is very walkable due to its proximity to Gaetz Avenue and the amenities nearby. South Hill overlooks the downtown core and is bordered by Waskasoo Creek to the west along Taylor Drive, and Piper Creek to the east along Kin Kanyon and Rotary Park. The Kinsmen have a community centre located along the east side of the neighborhood near Kin Kanyon as well. Property in the area is a large mix, from mobile homes, to apartment complexes, to adult-oriented condos, to detached houses, to duplexes and fourplexes. A large portion of property would be considered to have investment potential, especially due to more flexible zoning (R1A, R2, R3, R4) on lots currently housing single family detached homes.
The Red Deer Regional Hospital is also located at the north edge of the neighborhood, adding value to individuals who would like to be within walking distance of work. Access to the QE2 is also convenient, with Gaetz Avenue and 32 St intersecting the neighborhood.
Activity Last 3 Months:
Sales: 5
Average Days on Market: 69
Average List Price: $155,675
Average Sale Price: $151,480
List: Sale % Obtained: 97.31
If you are interested in more information on what South Hill has to offer, or would like to make an inquiry, please email me.
Maybe you have been thinking about an investment opportunity in Red Deer, or perhaps you are looking for an affordable home with great walkability. Whatever it is you need, I would be happy to supply advice on what may be your best plan of action.
Mike Wiseman
no comments