When looking across the province, Inverhuron is the 509th most expensive in Ontario.
The $319,900 price tag on the median Inverhuron home means that it is above the cost of most houses in the country.
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.
This month we track 728th neighbourhoods in Ontario, and Inverhuron has the 728th most choice available for real estate investors.
As one of Ontario’s many potential real estate investment neighbourhoods, Inverhuron 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Inverhuron there is more stock than three months ago. This would indicate pressure on prices easing.
Is Inverhuron a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Inverhuron, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.