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
Spring Bay Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Spring Bay is number 1290 putting it in the top half of the country .
While the median for Ontario is $349,900 , which means that Spring Bay’s median price is $319,000 better than average than the rest of the province.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Spring Bay has fewer than average compared to the rest of the province
Is Spring Bay 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 increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
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 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 Spring Bay have stayed pretty much the same which would tend to indicate that demand is steady.
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