The $165,900 price tag on the median Lacolle home means that it is below the national norm.
If you’re looking at investment properties in Lacolle, then you’re most likely to find homes with 3 bedrooms on sale this month.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lacolle has more than the average number to choose from compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Lacolle is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lacolle there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Canada’s national median home listing price this month is $244,900, which means that Lacolle is in the bottom 40% for Canada.
The $176,950 price tag on the median Lacolle home means that it is below the national norm.
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 Lacolle 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.
If you are looking at investment properties in Lacolle, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.