With Pinawa’s median house price at $219,900 in Aug , it is about average compared to the rest of Manitoba.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
According to our stats, Pinawa is the neighbourhood that has the 40th most properties available to real estate investors in Manitoba.
It’s never an exact art, but to try to forecast how property is going to appreciate in Pinawa for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
As one of Manitoba’s many potential real estate investment neighbourhoods, Pinawa 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.
Over the last three months in Pinawa, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.