Canada’s national median home listing price this month is $319,000, which means that Bay du Vin is in the cheapest 20% for Canada.
The $67,450 price tag on the median Bay du Vin home means that it is very cheap in comparison to the rest of the nation.
Is Bay du Vin a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Bay du Vin, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bay du Vin will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.