Moberly Lake was Canada’s 966th most expensive suburb by listed median house price this month.
The $362,500 price tag on the median Moberly Lake home means that it is quite highly priced by Canadian standards.
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 Moberly Lake has fewer than average compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Moberly Lake for investors, it’s important to look at data like:
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 Moberly Lake, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 7, this month we show 8.
As one of British Columbia’s many potential real estate investment neighbourhoods, Moberly Lake 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Moberly Lake there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.