Want a cheaply priced house? Then at $269,900 this month, Utterson, Ontario is somewhere that you should look at price wise.
From our data, it appears that neighbourhood is number 2426th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
Is Utterson a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Utterson there is more stock than three months ago. This would indicate pressure on prices easing.
As one of Ontario’s many potential real estate investment neighbourhoods, Utterson 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.
Over the last three months in Utterson, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.