With a median listing price of $279,900, North Augusta is Canada’s 1684th most expensive when ordered by median listing price.
The $279,900 price tag on the median North Augusta home means that it is above the cost of most houses in the country.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in North Augusta for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In North Augusta, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 9, this month we show 8.
As one of Ontario’s many potential real estate investment neighbourhoods, North Augusta 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 North Augusta, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.