Burnstown was Canada’s 448th most expensive suburb by listed median house price this month.
Burnstown, Ontario has a median house price of $489,900 when compiling all the home listings in Aug .
There are 1145 neighbourhoods that have more properties on sale than Burnstown at the moment in Ontario which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
As one of Ontario’s many potential real estate investment neighbourhoods, Burnstown needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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 Burnstown have increased which would tend to indicate that demand is not as high as supply.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
If you are looking at investment properties in Burnstown, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.