Across the nation CREW lists data for 5162 neighbourhoods, and this month Scotstown is number 5057 putting it behind most of Canada .
When our research team crunched the numbers we calculated that Scotstown has a median home price of $65,000.
Investors looking for properties in Scotstown are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
Quebec has the second most amount of properties available to property investors, with Scotstown having 746th most in the province, out of a total of 1047.
It’s never an exact art, but to try to forecast how property is going to appreciate in Scotstown for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
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.
Will prices rise across the next year in in Scotstown? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Scotstown there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.