Spring is here and if past years are an indication, you can expect quite a few homes in the Drumheller Valley to change hands.
"It's a buyer's market," stated Paul Doherty, co-owner of the Remax Real Estate franchise in Drumheller. "There is more properties than buyers. Price point wise, things are selling ten percent less than asking price, I'd say, is probably the norm right now."
Doherty explained house sales always go up in the spring after people have been cooped up all winter and are looking to make changes.
"This town is very transitional; it rotates every couple or three years," he pointed out. "You have a lot of RCMP, Pen guards, nurses: they come out to do a couple or three years and maybe relocate back to family and friends."
Although the town's population has not grown by much, increasing by fewer than 100 people from the 2006 federal census to 2011, Doherty believes real estate remains a good investment in the valley. That's why he and Heather VanDyk purchased the local franchise and moved the Remax office to Centre Street across from Campus Alberta Central.
"We're in it for five years," he vowed. "Drumheller's not going anywhere, it's consistent, a fixed market and there will always be a need to buy and sell homes."

More Local News

UPDATE 11 Avenue SE Blocked Off By RCMP

UPDATE; The bomb squad from Edmonton attended the scene, inspected the suspicious item and deemed it not to be explosive. Residents will be allowed back into the building later this evening. On…

Local Teacher Reflects on Notre Dame Fire

Many Canadians woke up on Monday morning to the news of the famous Notre Dame Cathedral in Paris, France was engulfed in flames. While the flames were miles away, the impact was still felt in the…

Morrin School Announces Hockey Program

On Tuesday, Morrin School Principal, Don Yavis, announced a new option for the junior high students where they will be able to learn about and participate in hockey.

Horner Dominates in Drumheller-Stettler

The people of the Drumheller-Stettler riding have had their voices heard with the Provincial Election last night and their voices selected Nathan Horner as their future MLA.

Nathan Horner Wins Drumheller-Stettler Riding

UCP candidate Nathan Horner has won the Drumheller-Stettler riding with a landslide of majority votes. With 96 polls reporting out of 102, Horner leads his closest rival, Independent Candidate Rick…

LIVE Coverage - 2019 Alberta Election

LISTEN LIVE to our 2019 Provincial Election coverage for the Drumheller-Stettler and Olds-Didsbury-Three Hills riding with Jason Blanke, Allie Ruckman and special guest Heather Colberg (Mayor - Town…

Emergency Plan if the Bridge is Blocked

It doesn't happen often, but when the Gordon Taylor Bridge is impassable it creates havoc in the community. The Town of Drumheller wants you to know that there is a plan in place if you can not get…

DrumhellerOnline.com is Drumheller's only source for community news and information such as weather and classifieds.

Search the Biz Guide