With a median listing price of $112,400, Tarantum is Canada’s 4544th most expensive when ordered by median listing price.
With Tarantum’s median house price at $112,400 in Aug , it is below average compared to the rest of Prince Edward Island.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Tarantum has not many at all compared to the rest of the province
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Tarantum 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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
It’s never an exact art, but to try to forecast how property is going to appreciate in Tarantum for investors, it’s important to look at data like:
Over the last three months in Tarantum, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.