With Roebuck’s median house price at $254,950 in Nov , it is about average compared to the rest of Ontario.
Ontario has the second most amount of properties available to property investors, with Roebuck having 1040th most in the province, out of a total of 1190.
As one of Ontario’s many potential real estate investment neighbourhoods, Roebuck 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.
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.
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.
Can we guarantee how well Roebuck is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Over the last three months in Roebuck, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.