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.
Elizabethtown Home Price
With Elizabethtown’s median house price at $284,900 in Aug , it is about average compared to the rest of Ontario.
If you’re looking at investment properties in Elizabethtown, then you’re most likely to find homes with 3 bedrooms on sale this month.
According to our stats, Elizabethtown is the neighbourhood that has the 317th most properties available to real estate investors in Ontario.
Will prices rise across the next year in in Elizabethtown? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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.
Is Elizabethtown a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Elizabethtown have stayed pretty much the same which would tend to indicate that demand is steady.
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