Canada’s national median home listing price this month is $310,000, which means that Tompkins is in the cheapest 20% for Canada.
While the median for Newfoundland and Labrador is $249,000 , which means that Tompkins’s median price is $69,350 a lot lower than the rest of the province.
If you’re looking at investment properties in Tompkins, then you’re most likely to find homes with 3 bedrooms on sale this month.
There are 191 neighbourhoods that have more properties on sale than Tompkins at the moment in Newfoundland and Labrador which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Tompkins for investors, it’s important to look at data like:
Over the last three months in Tompkins, 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.
Will prices rise across the next year in in Tompkins? There are a number of real estate indicators to consider.
If you are looking at investment properties in Tompkins, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.