When looking across the province, Cardinal is the 1039th most expensive in Ontario.
The $157,394 price tag on the median Cardinal home means that it is below the national norm.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 325th neighbourhoods in Ontario, and Cardinal has the 325th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cardinal will hopefully provide an indicator to help you where to research in-depth
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.
As one of Ontario’s many potential real estate investment neighbourhoods, Cardinal 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.
Over the last three months in Cardinal, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.