Across the country as a whole, Ponemah is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Ponemah, Manitoba has a median house price of $115,000 when compiling all the home listings in Aug .
Ponemah’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
According to our stats, Ponemah is the neighbourhood that has the 140th most properties available to real estate investors in Manitoba.
When we look at the data we have, it can help with trying to establish whether or not Ponemah is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Ponemah there is more stock than three months ago. This would indicate pressure on prices easing.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Is Ponemah a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Ponemah have stayed pretty much the same which would tend to indicate that demand is steady.