Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Shefford Home Price
Across the country as a whole, Shefford is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Shefford has a median home price of $349,900.
How big are the houses being sold in Shefford? This month there are 3 one bedroom 8 two bedroom 47 three bedroom 25 four bedroom 10 five bedroom homes on the market.
Quebec has the second most amount of properties available to property investors, with Shefford having 105th most in the province, out of a total of 1047.
As one of Quebec’s many potential real estate investment neighbourhoods, Shefford 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Shefford there is more stock than three months ago. This would indicate pressure on prices easing.
Canada’s national median home listing price this month is $244,900, which means that Shefford is close to average for Canada.
In Aug the median listed house price of $226,500 in Shefford was an impressive compared to the rest of Quebec.
This month we track 373th neighbourhoods in Quebec, and Shefford has the 373th most choice available for real estate investors.
Is Shefford a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Shefford there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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