RELOCATION: HOUSING

Moving to Medicine Hat from larger cities can be a pleasant surprise when it comes to buying a house. The cost of housing here compares very favorably with other cities in Alberta as well as other provinces. Medicine Hat offers a wide range of housing styles and prices, in established as well as new neighborhoods.

HOUSE PRICE COMPARISON*
Single family detached dwelling

MEDICINE HAT …………….$217,000
Calgary……………………....$281,000
Edmonton…………………...$238,000
Lethbridge…………………...$187,750
Red Deer…………………….$215,000

*Source: CMHC Report November 2004

Average monthly rents for apartments for one bedroom is $461.00, two bedroom $568.00, 3 bedroom + 663.00**. Vacancy rates are usually low, so it is best to allow two weeks to find the right place.

**Source: CMHC Rental Market Report, November 2004