Across the nation CREW lists data for 5162 neighbourhoods, and this month Rocky Lake is number 1864 putting it in the top half of the country .
The $267,400 price tag on the median Rocky Lake home means that it is above the cost of most houses in the country.
If you’re looking at investment properties in Rocky Lake, then you’re most likely to find homes with 3 bedrooms on sale this month.
This month we track 158th neighbourhoods in Manitoba, and Rocky Lake has the 158th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rocky Lake will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When we look at the data we have, it can help with trying to establish whether or not Rocky Lake is a good investment target.
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 Rocky Lake have stayed pretty much the same which would tend to indicate that demand is steady.