Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Williamsburg Home Price
When looking across the province, Williamsburg is the 824th most expensive in Ontario.
The median house price listed in Williamsburg this month is $232,400.
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.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Williamsburg has more than the average number to choose from compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Williamsburg for investors, it’s important to look at data like:
In Williamsburg, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
When we look at the data we have, it can help with trying to establish whether or not Williamsburg is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Corresponding census subdivisions are provided for the following place names where data is not available.
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