Canada’s national median home listing price this month is $290,900, which means that Larder Lake is in the cheapest 20% for Canada.
When our research team crunched the numbers we calculated that Larder Lake has a median home price of $99,000.
If you’re looking at investment properties in Larder Lake, then you’re most likely to find homes with 3 bedrooms on sale this month.
From our data, it appears that neighbourhood is number 1715th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Larder Lake will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Larder Lake there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Can we guarantee how well Larder Lake 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 Larder Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.