The median asking price in Napinka is $79,450, quite a drop from the median three months ago which was $79,450 .
When our research team crunched the numbers we calculated that Napinka has a median home price of $79,450.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Jul this neighbourhood’s most common listing the same as the national average.
There are 258 neighbourhoods that have more properties on sale than Napinka at the moment in Manitoba which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
As one of Manitoba’s many potential real estate investment neighbourhoods, Napinka 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.
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 we look at the data we have, it can help with trying to establish whether or not Napinka is a good investment target.
In Napinka, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.