The median house price listed in Lanoraie this month is $235,000.
Investors looking for properties in Lanoraie are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
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 Lanoraie, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 69, this month we show 43.
While the median for Quebec is $198,000 , which means that Lanoraie’s median price is $225,000 better than average than the rest of the province.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lanoraie has a pretty average amount compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Lanoraie will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Lanoraie, housing stock available seems to be falling – this could mean that homes values might increase faster.