Across the nation CREW lists data for 5162 neighbourhoods, and this month Baysville is number 3297 putting it in the bottom half of the country .
While the median for Ontario is $349,900 , which means that Baysville’s median price is $179,500 below average than the rest of the province.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
According to our stats, Baysville is the neighbourhood that has the 258th most properties available to real estate investors in Ontario.
It’s never an exact art, but to try to forecast how property is going to appreciate in Baysville for investors, it’s important to look at data like:
In Baysville, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
The median house price listed in Baysville this month is $224,450.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
From our data, it appears that neighbourhood is number 838th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
When we look at the data we have, it can help with trying to establish whether or not Baysville is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Baysville have stayed pretty much the same which would tend to indicate that demand is steady.