When looking across the province, Chetwynd is the 282th most expensive in British Columbia.
The median house price listed in Chetwynd this month is $270,000.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
There are 359 neighbourhoods that have more properties on sale than Chetwynd at the moment in British Columbia which puts the neighbourhood top 40% when looking at the number of properties to choose from.
As one of British Columbia’s many potential real estate investment neighbourhoods, Chetwynd 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 Chetwynd, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
When looking across the province, Chetwynd is the 42th most expensive in British Columbia.
In Aug the median listed house price of $309,999 in Chetwynd was an above average compared to the rest of British Columbia.
There are 124 neighbourhoods that have more properties on sale than Chetwynd at the moment in British Columbia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Chetwynd for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Chetwynd, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 4.