Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Coaticook Home Price
Coaticook was Canada’s 2818th most expensive suburb by listed median house price this month.
While the median for Quebec is $224,900 , which means that Coaticook’s median price is $204,450 below average than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Coaticook is the neighbourhood that has the 176th most properties available to real estate investors in Quebec.
As one of Quebec’s many potential real estate investment neighbourhoods, Coaticook 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.
Coaticook was Canada’s 640th most expensive suburb by listed median house price this month.
Coaticook, Quebec has a median house price of $189,000 when compiling all the home listings in Aug .
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 137th neighbourhoods in Quebec, and Coaticook has the 137th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Coaticook 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 Coaticook, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 19, this month we show 17.
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