The median asking price in Teulon is $229,900, pretty close to the median three months ago which was $267,400 .
The $229,900 price tag on the median Teulon home means that it is about average price.
If you’re looking at investment properties in Teulon, then you’re most likely to find homes with 3 bedrooms on sale this month.
According to our stats, Teulon 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 Teulon? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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.
Is Teulon a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Teulon have stayed pretty much the same which would tend to indicate that demand is steady.