Across the country as a whole, Downeyville is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Downeyville has a median home price of $244,850.
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 1227 neighbourhoods that have more properties on sale than Downeyville at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Is Downeyville a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
As one of Ontario’s many potential real estate investment neighbourhoods, Downeyville 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.
If you are looking at investment properties in Downeyville, 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.