Want a cheaply priced house? Then at $134,850 this month, Bangor, Prince Edward Island is somewhere that you should look at price wise.
If you’re looking at investment properties in Bangor, then you’re most likely to find homes with 3 bedrooms on sale this month.
From our data, it appears that neighbourhood is number 3849th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Is Bangor a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Bangor, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bangor will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bangor there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.