Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
La Malbaie Home Price
Across the country as a whole, La Malbaie is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Quebec is $224,900 , which means that La Malbaie’s median price is $189,500 below average than the rest of the province.
Investors looking for properties in La Malbaie are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then La Malbaie has a huge choice compared to the rest of the province
Can we guarantee how well La Malbaie is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Over the last three months in La Malbaie, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
The median asking price in La Malbaie is $176,750, less than the median three months ago which was $162,000 .
The $176,750 price tag on the median La Malbaie home means that it is below the national norm.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then La Malbaie has more than the average number to choose from compared to the rest of the province
Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 La Malbaie, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 22, this month we show 30.
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