The MoneyShow (Friday, September 16th - 17th) covers topics that are either hot-button issues or those with additional complexity by taking a laser-focused approach
Smith-Ennismore Home Price
When looking across the province, Smith-Ennismore is the 177th most expensive in Ontario.
When our research team crunched the numbers we calculated that Smith-Ennismore has a median home price of $489,450.
This month we track 1144th neighbourhoods in Ontario, and Smith-Ennismore has the 1144th most choice available for real estate investors.
Can we guarantee how well Smith-Ennismore 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.
If you are looking at investment properties in Smith-Ennismore, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Smith-Ennismore for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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