When looking across the province, The Pas is the 87th most expensive in Manitoba.
When our research team crunched the numbers we calculated that The Pas has a median home price of $261,950.
If you’re looking at investment properties in The Pas, then you’re most likely to find homes with 4 bedrooms on sale this month.
It’s never an exact art, but to try to forecast how property is going to appreciate in The Pas for investors, it’s important to look at data like:
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.
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.
As one of Manitoba’s many potential real estate investment neighbourhoods, The Pas 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 The Pas, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.