Millennials are benefiting from a confluence of factors, like low rates and minimal competition in the starter home segment, that have made homeownership less prohibitive.
Ogden Home Price
Across the country as a whole, Ogden is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Ogden this month is $562,000.
Investors looking for properties in Ogden are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Ogden has a pretty average amount compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Ogden is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Ogden will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Ogden, 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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