Plum Coulee was Canada’s 3425th most expensive suburb by listed median house price this month.
Plum Coulee, Manitoba has a median house price of $174,450 when compiling all the home listings in Aug .
If you’re looking at investment properties in Plum Coulee, then you’re most likely to find homes with 3 bedrooms on sale this month.
Manitoba has the sixth least amount of properties available to property investors, with Plum Coulee having 117th most in the province, out of a total of 250.
Can we guarantee how well Plum Coulee 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.
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 Plum Coulee, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 6.
Is Plum Coulee a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.