With Pritchard’s median house price at $425,000 in Aug , it is about average compared to the rest of British Columbia.
If you’re looking at investment properties in Pritchard, then you’re most likely to find homes with 3 bedrooms on sale this month.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Pritchard has fewer than average compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Pritchard is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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 British Columbia’s many potential real estate investment neighbourhoods, Pritchard 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 Pritchard, 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.