Canada’s national median home listing price this month is $310,000, which means that Meadows is in the top 40% for Canada.
The $274,900 price tag on the median Meadows home means that it is above the cost of most houses in the country.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Meadows has not many at all 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 Meadows will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Meadows there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
As one of Manitoba’s many potential real estate investment neighbourhoods, Meadows 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.
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 Meadows have stayed pretty much the same which would tend to indicate that demand is steady.