Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Val-David Home Price
Val-David was Canada’s 2505th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Val-David has a median home price of $222,000.
If you’re looking at investment properties in Val-David, then you’re most likely to find homes with 3 bedrooms on sale this month.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Val-David will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Val-David there is more stock than three months ago. This would indicate pressure on prices easing.
While the median for Quebec is $198,000 , which means that Val-David’s median price is $234,450 better than average than the rest of the province.
Across Quebec Val-David has the 193th most properties on offer with 453.
As one of Quebec’s many potential real estate investment neighbourhoods, Val-David 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.
If you are looking at investment properties in Val-David, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
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