Arborg was Canada’s 1985th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $258,000 in Arborg was an above average compared to the rest of Manitoba.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
Across Manitoba Arborg has the 105th most properties on offer with 250.
As one of Manitoba’s many potential real estate investment neighbourhoods, Arborg 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.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Arborg for investors, it’s important to look at data like:
In Arborg, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.