When looking across the province, Richer is the 120th most expensive in Manitoba.
Want a cheaply priced house? Then at $214,950 this month, Richer, Manitoba is a possibility for you price wise.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Manitoba has the sixth least amount of properties available to property investors, with Richer having 77th most in the province, out of a total of 250.
It’s never an exact art, but to try to forecast how property is going to appreciate in Richer for investors, it’s important to look at data like:
If you are looking at investment properties in Richer, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
As one of Manitoba’s many potential real estate investment neighbourhoods, Richer 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Richer there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.