Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Dufrost Home Price
In Aug the median listed house price of $164,950 in Dufrost was a below average compared to the rest of Manitoba.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
As one of Manitoba’s many potential real estate investment neighbourhoods, Dufrost 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.
If you are looking at investment properties in Dufrost, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
Can we guarantee how well Dufrost is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Over the last three months in Dufrost, 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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