The median asking price in Gull Lake is $282,400, an improvement on the median three months ago which was $259,900 .
The $282,400 price tag on the median Gull Lake home means that it is above the cost of most houses in the country.
If you’re looking at investment properties in Gull Lake, then you’re most likely to find homes with 4 bedrooms on sale this month.
This month we track 158th neighbourhoods in Manitoba, and Gull Lake has the 158th most choice available for real estate investors.
Can we guarantee how well Gull Lake is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
It’s never an exact art, but to try to forecast how property is going to appreciate in Gull Lake for investors, it’s important to look at data like:
If you are looking at investment properties in Gull Lake, 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.