Across the country as a whole, Dauphin is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Dauphin this month is $189,000.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
From our data, it appears that neighbourhood is number 377th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
As one of Manitoba’s many potential real estate investment neighbourhoods, Dauphin 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 increased it looks like housing market forces in neighbourhood are likely to drive prices down.
The median asking price in Dauphin is $319,900, a substantial increase over the median three months ago which was $227,950 .
In Aug the median listed house price of $319,900 in Dauphin was an impressive compared to the rest of Manitoba.
This month we track 15th neighbourhoods in Manitoba, and Dauphin has the 15th most choice available for real estate investors.
Is Dauphin a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Dauphin, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.