Racine was Canada’s 1320th most expensive suburb by listed median house price this month.
Racine, Quebec has a median house price of $314,150 when compiling all the home listings in Aug .
Investors looking for properties in Racine are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Racine has a pretty average amount compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Racine for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
Is Racine a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Racine have stayed pretty much the same which would tend to indicate that demand is steady.