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.
Grand Bend Home Price
Canada’s national median home listing price this month is $290,900, which means that Grand Bend is in the top 20% for Canada.
In Aug the median listed house price of $389,900 in Grand Bend was an above average compared to the rest of Ontario.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Grand Bend has a huge choice compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Grand Bend is a good investment target.
Over the last three months in Grand Bend, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Grand Bend will hopefully provide an indicator to help you where to research in-depth
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 Grand Bend have stayed pretty much the same which would tend to indicate that demand is steady.
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