The $299,450 price tag on the median Saint-Denis-sur-Richelieu home means that it is above the cost of most houses in the country.
Investors looking for properties in Saint-Denis-sur-Richelieu are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
Quebec has the second most amount of properties available to property investors, with Saint-Denis-sur-Richelieu having 228th most in the province, out of a total of 1047.
It’s never an exact art, but to try to forecast how property is going to appreciate in Saint-Denis-sur-Richelieu for investors, it’s important to look at data like:
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.
When looking across the province, Saint-Denis-sur-Richelieu is the 161th most expensive in Quebec.
With Saint-Denis-sur-Richelieu’s median house price at $204,000 in Aug , it is above average compared to the rest of Quebec.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
When we look at the data we have, it can help with trying to establish whether or not Saint-Denis-sur-Richelieu 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 Saint-Denis-sur-Richelieu have dried up which would tend to indicate that demand is higher than the supply of new properties.