When our research team crunched the numbers we calculated that Vassar has a median home price of $117,000.
There are 255 neighbourhoods that have more properties on sale than Vassar at the moment in Manitoba which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
As one of Manitoba’s many potential real estate investment neighbourhoods, Vassar 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.
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 Vassar have stayed pretty much the same which would tend to indicate that demand is steady.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Vassar is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Vassar there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.