Stead was Canada’s 2246th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Stead has a median home price of $204,900.
From our data, it appears that neighbourhood is number 3460th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
It’s never an exact art, but to try to forecast how property is going to appreciate in Stead for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Will prices rise across the next year in in Stead? There are a number of real estate indicators to consider.
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 Stead have stayed pretty much the same which would tend to indicate that demand is steady.