With a median listing price of $459,900, Springfield is Canada’s 525th most expensive when ordered by median listing price.
The $459,900 price tag on the median Springfield home means that it is quite highly priced by Canadian standards.
If you’re looking at investment properties in Springfield, then you’re most likely to find homes with 3 bedrooms on sale this month.
According to our stats, Springfield is the neighbourhood that has the 40th most properties available to real estate investors in Manitoba.
Will prices rise across the next year in in Springfield? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
As one of Manitoba’s many potential real estate investment neighbourhoods, Springfield 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.
Over the last three months in Springfield, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.