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.
New Argyle Home Price
When looking across the province, New Argyle is the 115th most expensive in Prince Edward Island.
New Argyle, Prince Edward Island has a median house price of $179,250 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then New Argyle has not many at all compared to the rest of the province
Is New Argyle a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In New Argyle, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in New Argyle there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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