Across the country as a whole, Nédélec is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $98,200 price tag on the median Nédélec home means that it is very cheap in comparison to the rest of the nation.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 1.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Nédélec has not many at all compared to the rest of the province
As one of Quebec’s many potential real estate investment neighbourhoods, Nédélec 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 Nédélec, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Is Nédélec a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Nédélec there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.