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.
Markinch Home Price
Across the nation CREW lists data for 4960 neighbourhoods, and this month Markinch is number 4036 putting it behind most of Canada .
The median house price listed in Markinch this month is $131,500.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Nov 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 Markinch has not many at all compared to the rest of the province
Can we guarantee how well Markinch 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Markinch have stayed pretty much the same which would tend to indicate that demand is steady.
When we look at the data we have, it can help with trying to establish whether or not Markinch is a good investment target.
If you are looking at investment properties in Markinch, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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