Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Amherstburg Home Price
Amherstburg was Canada’s 1625th most expensive suburb by listed median house price this month.
The median house price listed in Amherstburg this month is $286,900.
If you’re looking at investment properties in Amherstburg, then you’re most likely to find homes with 3 bedrooms on sale this month.
Ontario has the most amount of properties available to property investors, with Amherstburg having 79th most in the province, out of a total of 1145.
It’s never an exact art, but to try to forecast how property is going to appreciate in Amherstburg for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
The median asking price in Amherstburg is $249,900, an improvement on the median three months ago which was $229,900 .
Want a cheaply priced house? Then at $249,900 this month, Amherstburg, Ontario is a possibility for you price wise.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Can we guarantee how well Amherstburg 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.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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