Birken was Canada’s 461th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $484,000 this month, Birken, British Columbia is probably not for you price wise.
This month we track 325th neighbourhoods in British Columbia, and Birken has the 325th most choice available for real estate investors.
As one of British Columbia’s many potential real estate investment neighbourhoods, Birken 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Is Birken 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 Birken, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.