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.
Victoria Home Price
With a median listing price of $277,000, Victoria is Canada’s 1748th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $277,000 this month, Victoria, Prince Edward Island is definitely not for you price wise.
According to our stats, Victoria is the neighbourhood that has the 63th most properties available to real estate investors in Prince Edward Island.
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 Victoria, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
It’s never an exact art, but to try to forecast how property is going to appreciate in Victoria for investors, it’s important to look at data like:
In Victoria, 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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