Canada’s national median home listing price this month is $309,000, which means that Manuels is in the top 20% for Canada.
In Nov the median listed house price of $349,900 in Manuels was an impressive compared to the rest of Newfoundland and Labrador.
According to our stats, Manuels is the neighbourhood that has the 134th most properties available to real estate investors in Newfoundland and Labrador.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Manuels needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Manuels there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Manuels will hopefully provide an indicator to help you where to research in-depth