With a median listing price of $308,950, Morrison Lake is Canada’s 1248th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Morrison Lake has a median home price of $308,950.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Morrison Lake has not many at all compared to the rest of the province
Will prices rise across the next year in in Morrison Lake? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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.
When we look at the data we have, it can help with trying to establish whether or not Morrison Lake is a good investment target.
Over the last three months in Morrison Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.