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.
Bighorn No. 8, Municipal District of Home Price
Bighorn No. 8, Municipal District of was Canada’s 8th most expensive suburb by listed median house price this month.
With Bighorn No. 8, Municipal District of’s median house price at $2,047,500 in Aug , it is high priced compared to the rest of Alberta.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bighorn No. 8, Municipal District of will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Bighorn No. 8, Municipal District of have dried up which would tend to indicate that demand is higher than the supply of new properties.
As one of Alberta’s many potential real estate investment neighbourhoods, Bighorn No. 8, Municipal District of 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.
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