For those who are considering home ownership or investment this is excellent news. Construction of new home subdivisions, apartments, condos, manufactured homes and mobiles, and established existing neighborhoods full of single family homes, there are houses and prices to suit most everyone. School centered neighborhoods are popular with families. Seniors will enjoy the gated communities and new apartment complexes that meet their unique needs. Those looking to invest will find houses with secondary suites or duplex properties that are both affordable and also provide great cash flow. There are many real estate choices available in Lethbridge.
Lethbridge has developed differently in each part of town and that has helped shape the distinct atmosphere of the different areas. While most cities are divided into 4 quadrants, Lethbridge is really only divided into 3 distinct areas known as the West, North, and South sides of the city.
The University of Lethbridge is the anchor of the West part of the City. It attracts lots of young families, students, and academic professionals. The West is the newest region and is where the most new home construction are. The West has lots of green strips, parks, and walking trails. Because of its more recent development though, there is a shortage of mature trees and a slight lack of established commercial development and stores.
North Lethbridge is where you find the industrial park. This is the heart of our manufacturing sector and the factory and industrial jobs are all located here. As such the North side attracts home purchasers who work in these jobs. The homes in North Lethbridge commonly have detached garages or workshops, more often than homes in the rest of the city. The home designs are also more practical in their design and modest in price. It can be argued that North Lethbridge is home to nice working class neighborhoods and affordable houses.
South Lethbridge is where you find the old original heritage homes that originally founded the City. Downtown area known as London Road has mature tree lined streets which are also lined with turn of the century old character homes. The South side of the city is also where the majority of the commercial shopping development is found. Living on the South side of the City is convenient for this reason. It is also one of the reasons why many of the popular Senior’s housing developments are also located in the South. Recently there has been lots of new development along the South edge of the city, however due to the demand for real estate in this part of town the houses are all higher end expensive construction which is less attractive to young families but more popular with retirees and working professionals.
Lethbridge real estate offers choices for every home buyers taste and budget. Take a tour of the City and see all areas before deciding which one is right for you. You will be amazed at alternatives of the great properties and prices that you will find. There are lots of great deals around right now.