Canada’s national median home listing price this month is $285,000, which means that Powerview is in the bottom 40% for Canada.
When our research team crunched the numbers we calculated that Powerview has a median home price of $179,900.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Powerview has fewer than average compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Powerview will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Powerview 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Powerview have stayed pretty much the same which would tend to indicate that demand is steady.