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.
Tryon Home Price
With a median listing price of $197,500, Tryon is Canada’s 2964th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $197,500 this month, Tryon, Prince Edward Island is a possibility for you price wise.
Tryon’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Tryon has not many at all compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Tryon for investors, it’s important to look at data like:
In Tryon, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
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.
When we look at the data we have, it can help with trying to establish whether or not Tryon is a good investment target.
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