The median asking price in Les Méchins is $118,000, quite a drop from the median three months ago which was $115,000 .
The $118,000 price tag on the median Les Méchins home means that it is very cheap in comparison to the rest of the nation.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
From our data, it appears that neighbourhood is number 1302th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
Is Les Méchins a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Les Méchins, housing stock available seems to be falling – this could mean that homes values might increase faster.
Canada’s national median home listing price this month is $244,900, which means that Les Méchins is in the cheapest 20% for Canada.
Want a cheaply priced house? Then at $109,950 this month, Les Méchins, Quebec do not consider price wise.
According to our stats, Les Méchins is the neighbourhood that has the 373th most properties available to real estate investors in Quebec.
When we look at the data we have, it can help with trying to establish whether or not Les Méchins is a good investment target.
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.