Waterford was Canada’s 1809th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Waterford has a median home price of $269,900.
There are 1145 neighbourhoods that have more properties on sale than Waterford at the moment in Ontario which puts the neighbourhood top 40% 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 Waterford for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Is Waterford a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Waterford, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.