The Blackfalds market had a rough go in 2015.
The story in Blackfalds centers around the number of listing that came on the market. Blackfalds has long been seen as a more affordable option than Red Deer do to the lower lot prices and in turn lower house prices. This created and fueled much of the demand. Getting more house for my dollar, is attractive. What ensued was an attention on new home construction and development. Possibly to much, and the situation created is an abundance of listings. This combined with softer sales demand has made the market more challenging for those wanting to sell. Conversely, the "value" proposition has only improved. The bang for your buck as gotten that much sweeter for buyers. If you're looking at maximizing the house for your dollar, then you had better be looking at Blackfalds. The competitive environment is certainly making things attractive for buyers.
Blackfalds continues to grow as a community, with increases in services in retail, commercial and industrial. With the present supply and demand, Blackfalds is a community to watch and take interest in.