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.
Hamilton Home Price
When looking across the province, Hamilton is the 60th most expensive in Prince Edward Island.
Want a cheaply priced house? Then at $239,700 this month, Hamilton, Prince Edward Island is probably not for you price wise.
There are 218 neighbourhoods that have more properties on sale than Hamilton at the moment in Prince Edward Island which puts the neighbourhood middle range when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hamilton will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Hamilton, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Hamilton 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.
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