Across the nation CREW lists data for 5162 neighbourhoods, and this month Rivers is number 2955 putting it in the bottom half of the country .
With Rivers’s median house price at $198,500 in Aug , it is about average compared to the rest of Manitoba.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Manitoba has the sixth least amount of properties available to property investors, with Rivers having 43th most in the province, out of a total of 250.
Will prices rise across the next year in in Rivers? There are a number of real estate indicators to consider.
Over the last three months in Rivers, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Is Rivers a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Rivers, 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.