We are just in the beginning phases of building a house down in Auburn Bay. It is going to be a really nice community and as far as a pure investment standpoint I think it is an excellent place to build.
With the new Hospital opening there in a few years it is really going to drive prices up when it is completed. That hospital will employ thousands of people most of whom would love to live close to work. That SE area Mcenzie Towne, Copperfield, Cranston, Seton will all see prices increase when the hospital is built. Plus there is a new community called Mahogony that is going to start development in 2008. It is going to have a lake as well which is rumoured to be the largest in Calgary, apparently even bigger then Lake Bonavista.
Like others have said I guess it depends on where you want to live compared to family, friends, work etc.....
However if you are thinking of strictly investment purposes where you property value is going to rise then I think Auburn Bay, or Mahogany are good choices.
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