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.
Port Sandfield Home Price
The median asking price in Port Sandfield is $4,995,000, a substantial increase over the median three months ago which was $2,595,000 .
Port Sandfield, Ontario has a median house price of $4,995,000 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 7.
According to our stats, Port Sandfield is the neighbourhood that has the 632th most properties available to real estate investors in Ontario.
It’s never an exact art, but to try to forecast how property is going to appreciate in Port Sandfield for investors, it’s important to look at data like:
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.
As one of Ontario’s many potential real estate investment neighbourhoods, Port Sandfield 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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