Kenora was Canada’s 1792th most expensive suburb by listed median house price this month.
The $273,750 price tag on the median Kenora home means that it is above the cost of most houses in the country.
If you’re looking at investment properties in Kenora, then you’re most likely to find homes with 3 bedrooms on sale this month.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Kenora will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Kenora, housing stock available seems to be falling – this could mean that homes values might increase faster.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Kenora is number 144 putting it ahead of most neighbourhoods .
With Kenora’s median house price at $334,900 in Aug , it is above average compared to the rest of Ontario.
This month we track 149th neighbourhoods in Ontario, and Kenora has the 149th most choice available for real estate investors.
Will prices rise across the next year in in Kenora? There are a number of real estate indicators to consider.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Kenora, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.