New Dundee was Canada’s 431th most expensive suburb by listed median house price this month.
New Dundee, Ontario has a median house price of $499,000 when compiling all the home listings in Aug .
It’s never an exact art, but to try to forecast how property is going to appreciate in New Dundee for investors, it’s important to look at data like:
If you are looking at investment properties in New Dundee, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
As one of Ontario’s many potential real estate investment neighbourhoods, New Dundee 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 New Dundee, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.