Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Guernsey Cove Home Price
The median house price listed in Guernsey Cove this month is $277,000.
Prince Edward Island has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of 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 Guernsey Cove will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Guernsey Cove, 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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