Across the country as a whole, Annandale is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $123,850 this month, Annandale, Prince Edward Island is somewhere that you should look at price wise.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Annandale has fewer than average compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Annandale for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Annandale, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
Will prices rise across the next year in in Annandale? There are a number of real estate indicators to consider.
If you are looking at investment properties in Annandale, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.