Across the country as a whole, Serpent River is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $132,495 price tag on the median Serpent River home means that it is very cheap in comparison to the rest of the nation.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Serpent River will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Serpent River, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
As one of Ontario’s many potential real estate investment neighbourhoods, Serpent River 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 Serpent River, 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.