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      Honestdoor Price

      This property is not for saleNot for sale

      $337,000

      October

      Estimated Market Value

      Mortgage Options

      Honestdoor Price · 13 months

      +9.77%1 mo
      +17.30%12 mo

      3

      beds

      2

      baths

      649

      sqft

      2001

      built

      715 Sprague Way SE, South East Southridge, Medicine Hat, AB, T1B4P9

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      Property details

      Property type
      Residential
      Bedrooms
      3
      Bathrooms
      2
      Year built
      2001
      Floor space
      60 sqm (649 sqft)
      Lot size
      255 sqm (2,750 sqft)

      Honestdoor Price

      $337,000

      (Oct)

      Estimated returns over time

      1 Month

      +9.77%

      3 Month

      +6.65%

      6 Month

      +21.70%

      12 Month

      +17.30%

      Compare with

      Honestdoor Price

      South East Southridge avg (2024)

      Honestdoor Price by month for 715 SPRAGUE WAY SE
      YearHonestdoor PriceSouth East Southridge avg (2024)
      Oct 25$287,300$394,724
      Nov 25$275,500$394,724
      Dec 25$272,900$394,724
      Jan 26$282,600$394,724
      Feb 26$286,700$394,724
      Mar 26$284,600$394,724
      Apr 26$276,900$394,724
      May 26$304,600$394,724
      Jun 26$291,600$394,724
      Jul 26$316,000$394,724
      Aug 26$289,800$394,724
      Sep 26$307,000$394,724
      Oct 26$337,000$394,724

      City Assessment

      $237,700

      (2024)

      Estimated returns over time

      1 Year

      +6.40%

      3 Year

      +28.90%

      5 Year

      +23.03%

      Compare with

      City assessment

      South East Southridge average

      City assessment by year for 715 SPRAGUE WAY SE
      YearCity assessmentSouth East Southridge average
      2019$193,200$340,612
      2020$189,100$340,076
      2021$184,400$341,900
      2022$209,400$359,826
      2023$223,400$383,195
      2024$237,700$394,724

      How this home compares

      Against South East Southridge and Medicine Hat.

      Est. gross rental yield

      6.4%

      Annual rent ÷ Honestdoor Price

      Value vs average

      -15%

      below the South East Southridge average

      • This home (Honestdoor Price)

        $337,000

      • South East Southridge average

        $394,724

      • Medicine Hat average

        $335,915

      Neighbourhood and city figures are 2024 average assessed values.

      Price per square foot

      +49%

      above the South East Southridge average

      • This home (estimated)

        $519 / sqft

      • South East Southridge sold average

        $349 / sqft

      This home: Honestdoor Price ÷ floor area. Neighbourhood: average sold price per sq ft.

      Monthly rent

      -28%

      below the South East Southridge average

      • This home (estimated)

        $1,790/mo

      • South East Southridge average

        $2,479/mo

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      Estimated rental information

      Airbnb nightly rate

      $90/day

      Monthly rental rate

      $1,790/month

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      South East Southridge market

      Explore South East Southridge data

      South East Southridge sales in 2026

      138

      -12.7%158 in 2025

      Avg. house price

      $394,724

      +3.0%$383,195 in 2023

      South East Southridge growth this year

      +2.95%

      +7.15% in 2023

      Average value vs Medicine Hat

      Average assessed value for this property type

      South East Southridge

      Medicine Hat average

      Average assessed value by year in South East Southridge compared with Medicine Hat
      YearSouth East SouthridgeMedicine Hat average
      2019$340,612$301,251
      2020$340,076$293,581
      2021$341,900$292,212
      2022$359,826$312,752
      2023$383,195$325,314
      2024$394,724$335,915

      Sales per year

      Recorded sales in South East Southridge · 2026 is year to date

      Recorded sales per year in South East Southridge
      South East Southridge
      201497 sales
      201593 sales
      2016126 sales
      2017130 sales
      2018119 sales
      2019124 sales
      2020127 sales
      2021197 sales
      2022190 sales
      2023152 sales
      202436 sales
      2025158 sales
      2026 YTD138 sales

      Property analysis

      715 SPRAGUE WAY SE compared with the average home nearby.

      Bedrooms

      About the neighbourhood average

      • This property

        3

      • South East Southridge

        3

      • Medicine Hat

        3

      Bathrooms

      -33%

      below neighbourhood average

      • This property

        2

      • South East Southridge

        3

      • Medicine Hat

        2

      Floor space

      -54%

      below neighbourhood average

      • This property

        649 sqft

      • South East Southridge

        1,402 sqft

      • Medicine Hat

        1,305 sqft

      Lot size

      -30%

      below neighbourhood average

      • This property

      • South East Southridge

      • Medicine Hat

      715 Sprague Way SE is a home in Medicine Hat, Alberta. It is estimated to be 649 sq ft and built in 2001 with 2 baths and 3 bedrooms. This 649 square foot home was built in 2001 and features 3 bedrooms and 2 bathrooms. It last sold for $232,000 on Apr 26, 2018. The most recent Honestdoor Price for this home is $337,000 and was last estimated on Oct 13, 2026. Assessment growth for this home is +4.61% annually, with a total growth of +$44,500 since 2019. It is estimated that it would make $90 per day on Airbnb and rent out for $1790 per month.

      * This information is sourced from publicly available land registry records and is not provided by the RAE's MLS® System Data

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