Chibougamau was Canada’s 2302th most expensive suburb by listed median house price this month.
The $234,900 price tag on the median Chibougamau home means that it is about average price.
If you’re looking at investment properties in Chibougamau, then you’re most likely to find homes with 4 bedrooms on sale this month.
As one of Quebec’s many potential real estate investment neighbourhoods, Chibougamau 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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.