With a median listing price of $224,500, South Norfolk is Canada’s 2338th most expensive when ordered by median listing price.
In Sep the median listed house price of $224,500 in South Norfolk was an above average compared to the rest of Manitoba.
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.
Manitoba has the seventh most amount of properties available to property investors, with South Norfolk having 211th most in the province, out of a total of 256.
Manitoba has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in South Norfolk there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for South Norfolk will hopefully provide an indicator to help you where to research in-depth
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.