Across the nation CREW lists data for 5162 neighbourhoods, and this month Kinkora is number 2833 putting it in the bottom half of the country .
While the median for Prince Edward Island is $179,600 , which means that Kinkora’s median price is $202,499 below average than the rest of the province.
Investors looking for properties in Kinkora are most likely to find 4 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
From our data, it appears that neighbourhood is number 2634th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
When we look at the data we have, it can help with trying to establish whether or not Kinkora is a good investment target.
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 Kinkora, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 7, this month we show 6.
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.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Kinkora 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 Kinkora there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.