Across the nation CREW lists data for 5162 neighbourhoods, and this month Saint-Séverin is number 3946 putting it behind most of Canada .
When our research team crunched the numbers we calculated that Saint-Séverin has a median home price of $149,000.
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.
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-Séverin 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.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Saint-Séverin, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 10, this month we show 7.
Want a cheaply priced house? Then at $99,000 this month, Saint-Séverin, Quebec do not consider price wise.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Saint-Séverin has not many at all compared to the rest of the province
Is Saint-Séverin a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Saint-Séverin, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.