If you’re a newer house flipper, you have probably heard about the 70 percent rule. Here’s your guide to the investing rule that can prevent you from spending too much money on an investment.
Alvinston Home Price
The median asking price in Alvinston is $149,900, less than the median three months ago which was $146,900 .
While the median for Ontario is $349,900 , which means that Alvinston’s median price is $149,900 a lot lower than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Will prices rise across the next year in in Alvinston? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
It’s never an exact art, but to try to forecast how property is going to appreciate in Alvinston for investors, it’s important to look at data like:
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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