Last month, Kyuquot was Canada’s 3087th priciest – this month at number 3087 it’s dropped -70 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
The $152,450 price tag on the median Kyuquot home means that it is below the national norm.
British Columbia has the third most amount of properties available to property investors, with Kyuquot having 313th most in the province, out of a total of 339.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Kyuquot will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Kyuquot, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
As one of British Columbia’s many potential real estate investment neighbourhoods, Kyuquot 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 Kyuquot there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.