If you’re a newer house flipper, you have probably heard about the 70 percent rule. Here’s your guide to the investing rule that can prevent you from spending too much money on an investment.
Mont-Joli Home Price
The median asking price in Mont-Joli is $145,900, less than the median three months ago which was $139,000 .
The median house price listed in Mont-Joli this month is $145,900.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
There are 1047 neighbourhoods that have more properties on sale than Mont-Joli at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Can we guarantee how well Mont-Joli is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Over the last three months in Mont-Joli, housing stock available seems to be falling – this could mean that homes values might increase faster.
The median asking price in Mont-Joli is $123,250, quite a drop from the median three months ago which was $129,500 .
When our research team crunched the numbers we calculated that Mont-Joli has a median home price of $123,250.
Investors looking for properties in Mont-Joli are most likely to find 2 bedroom homes on offer this month, with 1 bedroom potential investment properties the second most popular.
Quebec has the most amount of properties available to property investors, with Mont-Joli having 172th most in the province, out of a total of 453.
As one of Quebec’s many potential real estate investment neighbourhoods, Mont-Joli 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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