Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Noëlville Home Price
When looking across the province, Noëlville is the 764th most expensive in Ontario.
In Aug the median listed house price of $249,000 in Noëlville was a below average compared to the rest of Ontario.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 1350th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
It’s never an exact art, but to try to forecast how property is going to appreciate in Noëlville for investors, it’s important to look at data like:
In Noëlville, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
As one of Ontario’s many potential real estate investment neighbourhoods, Noëlville 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.
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