While the median for Ontario is $369,900 , which means that Phelpston’s median price is $727,000 considerably better than the rest of the province.
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.
Across Ontario Phelpston has the 995th most properties on offer with 1159.
Can we guarantee how well Phelpston is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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.
As one of Ontario’s many potential real estate investment neighbourhoods, Phelpston 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.
If you are looking at investment properties in Phelpston, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.