Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Spillimacheen Home Price
Canada’s national median home listing price this month is $319,900, which means that Spillimacheen is in the top 20% for Canada.
While the median for British Columbia is $539,900 , which means that Spillimacheen’s median price is $499,000 considerably better than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.
This month we track 321th neighbourhoods in British Columbia, and Spillimacheen has the 321th most choice available for real estate investors.
Is Spillimacheen a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
It’s never an exact art, but to try to forecast how property is going to appreciate in Spillimacheen for investors, it’s important to look at data like:
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