When looking across the province, Zhoda is the 89th most expensive in Manitoba.
With Zhoda’s median house price at $259,900 in Aug , it is above average compared to the rest of Manitoba.
From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
It’s never an exact art, but to try to forecast how property is going to appreciate in Zhoda 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.
As one of Manitoba’s many potential real estate investment neighbourhoods, Zhoda 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.
If you are looking at investment properties in Zhoda, 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.