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.
Cainsville Home Price
When looking across the province, Cainsville is the 43th most expensive in Ontario.
When our research team crunched the numbers we calculated that Cainsville has a median home price of $817,500.
It’s never an exact art, but to try to forecast how property is going to appreciate in Cainsville 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”