Across the nation CREW lists data for 5043 neighbourhoods, and this month Brookdale is number 4657 putting it behind most of Canada .
While the median for Manitoba is $269,900 , which means that Brookdale’s median price is $94,900 a lot lower than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Brookdale has not many at all compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Brookdale is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Brookdale there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Is Brookdale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.