With a median listing price of $457,400, Chater is Canada’s 533th most expensive when ordered by median listing price.
In Aug the median listed house price of $457,400 in Chater was an impressive compared to the rest of Manitoba.
If you’re looking at investment properties in Chater, then you’re most likely to find homes with 3 bedrooms on sale this month.
There are 250 neighbourhoods that have more properties on sale than Chater at the moment in Manitoba which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Chater for investors, it’s important to look at data like:
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.
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.
When we look at the data we have, it can help with trying to establish whether or not Chater is a good investment target.
If you are looking at investment properties in Chater, 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.