Canada’s national median home listing price this month is $309,000, which means that Cromer is in the bottom 40% for Canada.
With Cromer’s median house price at $145,000 in Sep , it is below average compared to the rest of Manitoba.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are 259 neighbourhoods that have more properties on sale than Cromer at the moment in Manitoba 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 Cromer for investors, it’s important to look at data like:
When we look at the data we have, it can help with trying to establish whether or not Cromer is a good investment target.