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.
Bruno Home Price
The median asking price in Bruno is $154,900, less than the median three months ago which was $125,000 .
Want a cheaply priced house? Then at $154,900 this month, Bruno, Saskatchewan is somewhere that you should look at price wise.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bruno will hopefully provide an indicator to help you where to research in-depth
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.
Will prices rise across the next year in in Bruno? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bruno 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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