Across the country as a whole, Reynolds is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Reynolds has a median home price of $179,900.
According to our stats, Reynolds is the neighbourhood that has the 178th most properties available to real estate investors in Manitoba.
Is Reynolds a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
It’s never an exact art, but to try to forecast how property is going to appreciate in Reynolds for investors, it’s important to look at data like:
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 Reynolds have stayed pretty much the same which would tend to indicate that demand is steady.