Property prices in the Scottish Borders tend to be more affordable compared to other regions in Scotland, particularly urban areas like Edinburgh and Glasgow. For instance, as of late 2023, the average property price in Edinburgh hovered around £300,000, while in the Scottish Borders, it was closer to £200,000. This significant difference can be attributed to various factors, including the rural setting of the Borders, which generally affects demand. Towns such as Galashiels and Peebles show varying price ranges, with Galashiels averaging around £175,000 and Peebles being more expensive at approximately £270,000 due to its proximity to Edinburgh and its appeal as a commuter town. The Borders also feature a mix of traditional homes and newer builds, contributing to the diverse market. However, specific towns can still command higher prices, especially those with desirable amenities or scenic views.