Across the country as a whole, Saint-Basile is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Saint-Basile this month is $145,000.
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.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Saint-Basile has a pretty average amount compared to the rest of the province
Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Saint-Basile have dried up which would tend to indicate that demand is higher than the supply of new properties.
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-Basile 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 Saint-Basile there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.