Across the country as a whole, Franquelin is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Franquelin, Quebec has a median house price of $122,950 when compiling all the home listings in Aug .
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Quebec has the second most amount of properties available to property investors, with Franquelin having 703th most in the province, out of a total of 1047.
It’s never an exact art, but to try to forecast how property is going to appreciate in Franquelin for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Franquelin, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 6, this month we show 8.
Is Franquelin a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Franquelin, 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.