While the median for Ontario is $354,900 , which means that Hesson’s median price is $437,450 considerably better than the rest of the province.
There are 1197 neighbourhoods that have more properties on sale than Hesson at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
As one of Ontario’s many potential real estate investment neighbourhoods, Hesson 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 Hesson have stayed pretty much the same which would tend to indicate that demand is steady.
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.
Can we guarantee how well Hesson 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.
Over the last three months in Hesson, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.