Recognizing two issues in the market, one of our top investors found a new way to make things work.
Georgian Bluffs Home Price
When our research team crunched the numbers we calculated that Georgian Bluffs has a median home price of $349,000.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
There are 1145 neighbourhoods that have more properties on sale than Georgian Bluffs at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Can we guarantee how well Georgian Bluffs is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Georgian Bluffs there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
As one of Ontario’s many potential real estate investment neighbourhoods, Georgian Bluffs 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.
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