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.
Georgetown Royalty Home Price
When looking across the province, Georgetown Royalty is the 104th most expensive in Prince Edward Island.
The median house price listed in Georgetown Royalty this month is $189,900.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Georgetown Royalty 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 Georgetown Royalty, 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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Georgetown Royalty will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Georgetown Royalty 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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