With Lac-au-Brochet’s median house price at $85,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Quebec.
Across Quebec Lac-au-Brochet has the 930th most properties on offer with 1047.
Will prices rise across the next year in in Lac-au-Brochet? There are a number of real estate indicators to consider.
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 Lac-au-Brochet, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.
As one of Quebec’s many potential real estate investment neighbourhoods, Lac-au-Brochet 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.