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.
Glen Orchard Home Price
With a median listing price of $394,450, Glen Orchard is Canada’s 823th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $394,450 this month, Glen Orchard, Ontario is probably not for you price wise.
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.
This month we track 995th neighbourhoods in Ontario, and Glen Orchard has the 995th most choice available for real estate investors.
Is Glen Orchard 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 Glen Orchard have stayed pretty much the same which would tend to indicate that demand is steady.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Glen Orchard will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Glen Orchard, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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