Sandy MacKay, a top local realtor from the Hamilton area, says that investors should be paying attention to the city as it has a lot to offer.
Borden Home Price
Borden was Canada’s 4464th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Borden has a median home price of $119,450.
According to our stats, Borden is the neighbourhood that has the 11th most properties available to real estate investors in Prince Edward Island.
Prince Edward Island has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Borden have increased which would tend to indicate that demand is not as high as supply.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Borden 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.
Over the last three months in Borden, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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