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
Watford Home Price
Canada’s national median home listing price this month is $290,900, which means that Watford is in the bottom 40% for Canada.
With Watford’s median house price at $156,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Is Watford a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Watford, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 8, this month we show 12.
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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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