When looking across the province, Canim Lake is the 303th most expensive in British Columbia.
Canim Lake, British Columbia has a median house price of $244,950 when compiling all the home listings in Aug .
If you’re looking at investment properties in Canim Lake, then you’re most likely to find homes with 3 bedrooms on sale this month.
Across British Columbia Canim Lake has the 133th most properties on offer with 359.
Can we guarantee how well Canim Lake is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Is Canim Lake 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.