Across the country as a whole, Thetford Mines is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $119,900 price tag on the median Thetford Mines home means that it is very cheap in comparison to the rest of the nation.
Investors looking for properties in Thetford Mines are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
From our data, it appears that neighbourhood is number 104th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
As one of Quebec’s many potential real estate investment neighbourhoods, Thetford Mines 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Thetford Mines there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Thetford Mines is number 991 putting it behind most of Canada .
With Thetford Mines’s median house price at $99,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Quebec.
Quebec has the most amount of properties available to property investors, with Thetford Mines having 73th most in the province, out of a total of 453.
Quebec 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.
In Thetford Mines, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.