Millennials are benefiting from a confluence of factors, like low rates and minimal competition in the starter home segment, that have made homeownership less prohibitive.
Bird River Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Bird River is number 143 putting it ahead of most neighbourhoods .
Bird River, Manitoba has a median house price of $732,000 when compiling all the home listings in Aug .
According to our stats, Bird River is the neighbourhood that has the 207th most properties available to real estate investors in Manitoba.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bird River will hopefully provide an indicator to help you where to research in-depth
In Bird River, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
As one of Manitoba’s many potential real estate investment neighbourhoods, Bird River 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bird River there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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