Canada’s national median home listing price this month is $290,900, which means that Erickson is in the cheapest 20% for Canada.
The $102,400 price tag on the median Erickson home means that it is very cheap in comparison to the rest of the nation.
Erickson’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
When we look at the data we have, it can help with trying to establish whether or not Erickson is a good investment target.
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Manitoba has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.