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.
St.Ann's Home Price
Across the country as a whole, St.Ann's is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $32,900 this month, St.Ann's, Prince Edward Island do not consider price wise.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
From our data, it appears that neighbourhood is number 4117th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, St.Ann's 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.
In St.Ann's, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Is St.Ann's a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in St.Ann's, 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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