It’s not perfect, but the Alberta real estate market is one to be desired… in comparison to other provinces, anyway. Whether you’re a bargain hunter or a first-time homebuyer it’s worth noting that here, there are various homes listed at a reasonable price – you just have to know where to look!

According to a new report published by Point2Homes, Alberta has emerged as a ‘major player’ for Canadian affordability, though they cite Edmonton as the city where you’ll get the most bang for your buck.

“Living large in Edmonton ($229/square foot) is more doable than in other hubs. For homebuyers seeking more space at a lower cost, $300k could translate into 1,115 sq. ft. in Alberta’s capital,” they write – however, it is possible to find a nice home for even less!

In fact, they’ve also provided us with a few homes that practically defy all expectations.

Don’t believe it can’t be done? Here are just a few Alberta homes for sale listed under $200k!

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Photo via Point2Homes | Gary Fayerman RE/MAX Realty

Located in the Calgary community of Marlborough, this 3 bedroom, 2 bathroom condo has two parking stalls and a ton of natural light. In addition, there’s a fenced backyard and nearby parks and a playground for those who hope to start a family or already have young kids.

Cost: $199,987

17409 95 ST NW 12, EDMONTON

Photo via Point2Homes | Edward A. Greiner / Liv Real Estate

With 1,130.758 square feet of space, this NW townhouse is close to lakes, parks, schools and walking trails. With 3 bedrooms and 2 bathrooms, buyers will have plenty of privacy within their home and can enjoy updated features such as a new carpet, new fences, a freshly poured sidewalk and more!

Cost: $200,000


Photo via Point2Homes | Kourtni D. Listhaeghe / CIR Realty

Built in the ’70s this 2 bedroom 1 bathroom bungalow has 910.28 square feet of space and is within walking distance to the C-Train, restaurants, schools and parks. The best part? It’s also only a 10-minute drive to downtown – which is great for those who work and play in the inner city.

Cost: $150,000

10416 91 ST NW, EDMONTON

Photo via Point2Homes | Brad Woodward / Homes & Gardens Real Estate Limited

Featuring upgrades and a stunning upper veranda, this 2 bedroom 3 bathroom home in downtown Edmonton is close to restaurants, bars, shops and more. With a view of the river valley and access to so much within walking distance, it’s hard to believe that it’s listed for $149,900.

Cost: $149,900

And there you have it! Just a few Alberta homes for sale listed under $200k. To see more visit the Point2Homes website or check out their full report on the Canadian housing market here.

Happy hunting and good luck!