Last month, Rolla was Canada’s 2431th priciest – this month at number 2431 it’s gained 882 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
While the median for British Columbia is $469,900 , which means that Rolla’s median price is $234,750 better than average than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
British Columbia has the third most amount of properties available to property investors, with Rolla having 324th most in the province, out of a total of 348.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rolla will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
As one of British Columbia’s many potential real estate investment neighbourhoods, Rolla 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.
If you are looking at investment properties in Rolla, 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.