Canada’s national median home listing price this month is $290,900, which means that Tyndall is in the top 40% for Canada.
The $284,700 price tag on the median Tyndall home means that it is above the cost of most houses in the country.
Tyndall’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
There are 250 neighbourhoods that have more properties on sale than Tyndall at the moment in Manitoba which puts the neighbourhood top 40% when looking at the number of properties to choose from.
As one of Manitoba’s many potential real estate investment neighbourhoods, Tyndall 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Tyndall there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
It’s never an exact art, but to try to forecast how property is going to appreciate in Tyndall for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Tyndall there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.