Last month, Wooler was Canada’s 2037th priciest – this month at number 2037 it’s dropped -353 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
The $261,200 price tag on the median Wooler home means that it is above the cost of most houses in the country.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Wooler has fewer than average compared to the rest of the province
Is Wooler a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Wooler, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
As one of Ontario’s many potential real estate investment neighbourhoods, Wooler 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 Wooler have stayed pretty much the same which would tend to indicate that demand is steady.