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.
Howlan Home Price
When looking across the province, Howlan is the 194th most expensive in Prince Edward Island.
The $81,750 price tag on the median Howlan home means that it is very cheap in comparison to the rest of the nation.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Oct this neighbourhood’s most common listing the same as the national average.
From our data, it appears that neighbourhood is number 3922th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Will prices rise across the next year in in Howlan? There are a number of real estate indicators to consider.
Over the last three months in Howlan, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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.
Is Howlan a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Howlan, 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.
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