Kaszuby, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Kaszuby, Ontario currently presents a stable environment for both buyers and sellers. With the median house price sitting at $500,000 and experiencing a moderate year-over-year increase of 3.5%, the market is growing at a healthy pace without showing signs of overheating. Similarly, apartments in Kaszuby are becoming more valuable, with a median price of $300,000 and a 2.1% year-over-year trend upwards.
The population of Kaszuby has reached 15,000 and is on an upward trajectory with a strong growth rate of 7.1%. This substantial population increase is contributing to sustained demand in housing, which in turn supports the incremental price growth observed across the housing market.
Investment Opportunities and Potential
Given the steady growth in property values and the robust population increase, Kaszuby offers promising investment opportunities. The continuous rise in median house and apartment prices indicates a solid appreciation potential for residential real estate investments. Additionally, the area’s demographic trend suggests that rental properties could also be a lucrative venture as more people move into the region seeking accommodation.
Investors looking for long-term stability may find Kaszuby particularly attractive due to its consistent market performance. Moreover, as new residents settle in the area, there will likely be an increased demand for local services and retail spaces, potentially opening up opportunities for commercial real estate development and investment.
Future Market Outlook
The future outlook for Kaszuby’s real estate market appears positive. The continued population growth coupled with gradual property value increases suggests that both residential and commercial markets have room to expand further. The consistent rise in housing prices points to a market that is likely to remain resilient even in fluctuating economic conditions.
However, as with any investment, potential risks such as changes in interest rates or broader economic factors should be carefully considered. Investors are advised to conduct thorough research or consult with a real estate professional before making significant financial commitments.
In summary, for those considering entering the Kaszuby real estate market, whether it is through purchasing a home or investing in rental or commercial properties, the current trends and future projections provide several compelling reasons to do so with optimism.
