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.
Knutsford Home Price
With a median listing price of $72,400, Knutsford is Canada’s 5005th most expensive when ordered by median listing price.
In Aug the median listed house price of $72,400 in Knutsford was relatively low compared to the rest of Prince Edward Island.
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 lowest 10 percent.
Is Knutsford a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
When we look at the data we have, it can help with trying to establish whether or not Knutsford is a good investment target.
In Knutsford, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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