With a median listing price of $119,900, Wallaceburg is Canada’s 4432th most expensive when ordered by median listing price.
With Wallaceburg’s median house price at $119,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
Investors looking for properties in Wallaceburg are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
According to our stats, Wallaceburg is the neighbourhood that has the 204th most properties available to real estate investors in Ontario.
It’s never an exact art, but to try to forecast how property is going to appreciate in Wallaceburg for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Across the country as a whole, Wallaceburg is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $39,900 this month, Wallaceburg, Ontario do not consider price wise.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
From our data, it appears that neighbourhood is number 719th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.
As one of Ontario’s many potential real estate investment neighbourhoods, Wallaceburg 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 Wallaceburg, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.