Libau was Canada’s 3040th most expensive suburb by listed median house price this month.
The $149,900 price tag on the median Libau home means that it is below the national norm.
This month we track 176th neighbourhoods in Manitoba, and Libau has the 176th most choice available for real estate investors.
Will prices rise across the next year in in Libau? There are a number of real estate indicators to consider.
Over the last three months in Libau, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Libau 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 Libau there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.