Cavan-Millbrook-North Monaghan was Canada’s 1024th most expensive suburb by listed median house price this month.
The $339,900 price tag on the median Cavan-Millbrook-North Monaghan home means that it is quite highly priced by Canadian standards.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.
According to our stats, Cavan-Millbrook-North Monaghan is the neighbourhood that has the 1138th most properties available to real estate investors in Ontario.
As one of Ontario’s many potential real estate investment neighbourhoods, Cavan-Millbrook-North Monaghan 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 Cavan-Millbrook-North Monaghan, 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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Cavan-Millbrook-North Monaghan 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.
Over the last three months in Cavan-Millbrook-North Monaghan, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.