Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Dorset Home Price
The median asking price in Dorset is $434,000, a substantial increase over the median three months ago which was $322,000 .
Want a cheaply priced house? Then at $434,000 this month, Dorset, Ontario is probably not for you price wise.
Investors looking for properties in Dorset are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
When we look at the data we have, it can help with trying to establish whether or not Dorset is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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.
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