Across the nation CREW lists data for 5162 neighbourhoods, and this month Inwood is number 4661 putting it behind most of Canada .
While the median for Manitoba is $264,900 , which means that Inwood’s median price is $102,000 a lot lower than the rest of the province.
Inwood’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
According to our stats, Inwood is the neighbourhood that has the 140th most properties available to real estate investors in Manitoba.
As one of Manitoba’s many potential real estate investment neighbourhoods, Inwood 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.
In Inwood, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
Will prices rise across the next year in in Inwood? There are a number of real estate indicators to consider.
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 Inwood have stayed pretty much the same which would tend to indicate that demand is steady.