Canada’s national median home listing price this month is $290,900, which means that Steep Rock is in the top 40% for Canada.
While the median for Manitoba is $264,900 , which means that Steep Rock’s median price is $299,950 better than average than the rest of the province.
If you’re looking at investment properties in Steep Rock, then you’re most likely to find homes with 3 bedrooms on sale this month.
This month we track 207th neighbourhoods in Manitoba, and Steep Rock has the 207th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Steep Rock is a good investment target.
Over the last three months in Steep Rock, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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.
Manitoba has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Steep Rock there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.