With a median listing price of $218,900, Traverse Bay is Canada’s 2374th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Traverse Bay has a median home price of $218,900.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
As one of Manitoba’s many potential real estate investment neighbourhoods, Traverse Bay 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 Traverse Bay, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
It’s never an exact art, but to try to forecast how property is going to appreciate in Traverse Bay for investors, it’s important to look at data like:
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 Traverse Bay have stayed pretty much the same which would tend to indicate that demand is steady.