The MoneyShow (Friday, September 16th - 17th) covers topics that are either hot-button issues or those with additional complexity by taking a laser-focused approach
Mildmay Home Price
When looking across the province, Mildmay is the 831th most expensive in Ontario.
The median house price listed in Mildmay this month is $229,900.
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.
According to our stats, Mildmay is the neighbourhood that has the 470th most properties available to real estate investors in Ontario.
When we look at the data we have, it can help with trying to establish whether or not Mildmay is a good investment target.
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 Mildmay, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 7, this month we show 13.
It’s never an exact art, but to try to forecast how property is going to appreciate in Mildmay for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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