When looking across the province, Newdale is the 209th most expensive in Manitoba.
When our research team crunched the numbers we calculated that Newdale has a median home price of $124,400.
If you’re looking at investment properties in Newdale, then you’re most likely to find homes with 3 bedrooms on sale this month.
From our data, it appears that neighbourhood is number 4291th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Newdale will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Newdale, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
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.
As one of Manitoba’s many potential real estate investment neighbourhoods, Newdale 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 Newdale, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.