Marchand was Canada’s 2039th most expensive suburb by listed median house price this month.
The median house price listed in Marchand this month is $251,950.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
This month we track 52th neighbourhoods in Manitoba, and Marchand has the 52th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Marchand 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 Marchand there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
As one of Manitoba’s many potential real estate investment neighbourhoods, Marchand 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.
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.