Across the country as a whole, Masset is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for British Columbia is $519,000 , which means that Masset’s median price is $229,000 better than average than the rest of the province.
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.
Is Masset a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Masset, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
Canada’s national median home listing price this month is $244,900, which means that Masset is in the cheapest 20% for Canada.
When our research team crunched the numbers we calculated that Masset has a median home price of $79,000.
If you’re looking at investment properties in Masset, then you’re most likely to find homes with 4 bedrooms on sale this month.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Masset has not many at all compared to the rest of the province
As one of British Columbia’s many potential real estate investment neighbourhoods, Masset 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.
In Masset, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.