With a median listing price of $291,900, Simcoe is Canada’s 1559th most expensive when ordered by median listing price.
With Simcoe’s median house price at $291,900 in Aug , it is about average compared to the rest of Ontario.
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.
Ontario has the most amount of properties available to property investors, with Simcoe having 144th most in the province, out of a total of 1145.
It’s never an exact art, but to try to forecast how property is going to appreciate in Simcoe for investors, it’s important to look at data like:
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 Simcoe have increased which would tend to indicate that demand is not as high as supply.
Simcoe was Canada’s 468th most expensive suburb by listed median house price this month.
The median house price listed in Simcoe this month is $219,950.
From our data, it appears that neighbourhood is number 449th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
As one of Ontario’s many potential real estate investment neighbourhoods, Simcoe 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.
In Simcoe, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.