Across the nation CREW lists data for 4031 neighbourhoods, and this month Goodlands is number 2936 putting it in the bottom half of the country .
In Jan the median listed house price of $157,500 in Goodlands was a below average compared to the rest of Manitoba.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Jan this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Goodlands 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.
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.
As one of Manitoba’s many potential real estate investment neighbourhoods, Goodlands 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Goodlands there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.