The median asking price in Fraser Lake is $180,950, less than the median three months ago which was $224,000 .
Fraser Lake, British Columbia has a median house price of $180,950 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.
From our data, it appears that neighbourhood is number 1170th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
As one of British Columbia’s many potential real estate investment neighbourhoods, Fraser Lake 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Fraser Lake have increased which would tend to indicate that demand is not as high as supply.
It’s never an exact art, but to try to forecast how property is going to appreciate in Fraser Lake for investors, it’s important to look at data like: