With a median listing price of $213,700, Chalk River is Canada’s 2667th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Chalk River has a median home price of $213,700.
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.
There are 1145 neighbourhoods that have more properties on sale than Chalk River at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Chalk River will hopefully provide an indicator to help you where to research in-depth
In Chalk River, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
As one of Ontario’s many potential real estate investment neighbourhoods, Chalk River 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.
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.