Binbrook was Canada’s 737th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Binbrook has a median home price of $399,900.
There are 1145 neighbourhoods that have more properties on sale than Binbrook at the moment in Ontario which puts the neighbourhood top 40% when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Binbrook for investors, it’s important to look at data like:
Over the last three months in Binbrook, housing stock available seems to be falling – this could mean that homes values might increase faster.
Is Binbrook a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.