Lake Verde, PE

Updated: Aug 2016
House
Median price $309,950
Monthly growth
Quarterly trend
Stock on market 0.44%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lake Verde Home Price

Across the country as a whole, Lake Verde is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Lake Verde has a median home price of $309,950.

Prince Edward Island has the fourth least amount of properties available to property investors, with Lake Verde having 140th most in the province, out of a total of 218.

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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lake Verde there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Lake Verde 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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $319,950
Demographics
  • Population in 20111077
  • Population in 20061043
  • 2006 to 2011 population change (%)3.3
  • Total private dwellings453
  • Private dwellings occupied by usual residents403
  • Population density per square kilometre11.3
  • Land area (square km)95.37