Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Pisquid Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Pisquid is number 2850 putting it in the bottom half of the country .
When our research team crunched the numbers we calculated that Pisquid has a median home price of $201,000.
Investors looking for properties in Pisquid are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
Is Pisquid a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Pisquid have increased which would tend to indicate that demand is not as high as supply.
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.
In Pisquid, 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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