The median asking price in Lenore is $65,000, quite a drop from the median three months ago which was $65,000 .
While the median for Manitoba is $264,900 , which means that Lenore’s median price is $65,000 a lot lower than the rest of the province.
There are 207 neighbourhoods that have more properties on sale than Lenore at the moment in Manitoba which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lenore for investors, it’s important to look at data like:
Over the last three months in Lenore, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Is Lenore a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.