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.
Pownal Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Pownal is number 1267 putting it ahead of most neighbourhoods .
When our research team crunched the numbers we calculated that Pownal has a median home price of $319,900.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Across Prince Edward Island Pownal has the 87th most properties on offer with 218.
When we look at the data we have, it can help with trying to establish whether or not Pownal is a good investment target.
If you are looking at investment properties in Pownal, 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.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Pownal 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.
Over the last three months in Pownal, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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