Fort
McMurray Overall Vacancy Rate
April 2008 0.10%
Rental Rates
Apartment
Rental Rates - Fort McMurray
Damage Deposit is usually one month's rent
|
| Average
($/month) |
April
2007
|
April
2008 |
| Bachelor
suite |
$1,159 |
$1,406 |
| 1
Bedroom |
$1,439 |
$1,858 |
| 2
Bedroom |
$1,681 |
$2,350 |
| 3
Bedroom + |
$1,838 |
$2,536 |
Suites
at the low end of the scale are rarely available. |
|
Note:
average rental prices are available quarterly.
Rooms
and Houses for Rent
Room rates range from $700 to $1,400 per month. Amenities
vary. Ads are posted for rooms and houses in the Fort
McMurray Today.
Real Estate Prices
Average
Housing Prices in Fort McMurray |
Type
of Home |
June
2007 |
May
2008 |
June
2008 |
| Single
Family |
$592,628 |
$692,127 |
$686,384 |
| Multi
Family |
$374,672 |
$431,673 |
$420,533 |
| Duplex |
$458,827 |
$491,900 |
$499,629 |
| Mobile
Home* |
$70,167 |
$73,500 |
$112,000 |
| Mobile
Home/Land |
$378,050 |
$461,379 |
$458,717 |
|
Note:
average home prices are available monthly.
*
Mobile Home prices vary greatly because few are sold,
making the average fluctuate.
Average
selling price of a single-family dwelling:
- Decreased
0.8% from May 2008 to June 2008
- Increased
15.8% from June 2007 to June 2008
- Average
selling price* for 2006 was $459,140
- Average
selling price* for 2007 was $588,633
[*Average
price = total value divided by total number sold]
Property
Taxes
| |
2006 |
2007 |
| Urban
Residential Rate |
0.00650 |
0.004162 |
| Urban
based on $500,000 |
$3,250 |
$2,081 |
| Rural
Residential Rate |
0.00325 |
0.002437 |
| Rural
based on $500,000 |
$1,625 |
$1,218.50 |
|
Utilities
*Costs vary depending on construction methods, lifestyle
and many other factors.
|
PDF
version of Housing Rates |
