Timiskaming is a very well-developed district in Ontario and is home to some beautiful and splendid houses. One can find modern and historic homes when looking for Timiskaming real estate for sale. The residential property for sale in Timiskaming is dominated by detached homes and townhouses, and these are some of the fastest-selling properties here. The Timiskaming housing market has also seen an increase in demand for properties in the past few years.
Market Trend For Sale in Timiskaming
As per the real estate market trends in Timiskaming, the median mortgage paid monthly stands at $1100 approximately. As per the Timiskaming property price trends, the annual price of property prices is approximately $199,900. The detached houses for sale in Timiskaming are quite in demand here and can get sold out pretty quickly. A look at the existing real estate trends in Timiskaming also shows that the median price for a 2-bedroom house as $189,000, for a 3-bedroom house as $162,450, and for a 4-bedroom house as 243,500.
Some of the well-developed neighbourhoods of Timiskaming are Brethour, Harley, Hudson, Larder Lake, Chamberlain, Charlton and Dack and Armstrong to name a few.
Real Estate MLS Listings and Investment in Timiskaming
One can find many properties to invest in Timiskaming. Investors or buyers can choose from detached homes, semi-detached houses, townhouses, condos, apartments, office spaces and commercial properties.
Market Stats Report of Timiskaming
As per the market stats report of Timiskaming, the average price of a house here is $199,900. The region has also seen a decrease in house sale prices by 9% in the past year. The most popular ones here are the 3-bedroom houses which have a median price of $162,450. The total private dwellings in this region are approximately 14395 approximately.
Demographic & Population Ratio in Timiskaming
As per the Timiskaming demographics, and the census 2016 data, the population of Timiskaming is 32,251. As per the population ratio of Timiskaming, the number of residents in the age group of 0-14 years is 4915, in the age group of 15-64 years 20,335, and those above 65 years are 7810.
Real Estate Brokerage Trends
Experts in the real estate sector have predicted a 2-10 % fall in real estate prices in Ontario. The present market trends in Timiskaming do indicate a price fall in the coming months. A forecasted drop of 2.2% in the Canadian housing market might also influence the Timiskaming real estate brokerage trends. The brokerage trends of Timiskaming are pretty useful for investors and home buyers.
Frequently Asked Question (FAQs)
How many homes for sale are available in Timiskaming?
There are 28+ homes available for sale in Timiskaming. However, this number is subjective to market listings.
How many residential properties are available in Timiskaming?
There are 28 residential properties available in Timiskaming. However, this number is subjective to market listings.
What is the median home price in Timiskaming?
The average price of a home in Timiskaming is $199,900.
Can foreigners/expats buy property in Timiskaming?
Yes, both expats and foreigners can buy property in Timiskaming.
Which property is best to buy in Timiskaming?
The most popular and best property to buy in Timiskaming is a detached house.
Are detached or semi-detached properties for sale available in Timiskaming?
Yes, one can find a good number of semi-detached and detached houses for sale in Timiskaming.
Does Square Yards tell the property’s life in Timiskaming MLS?
Yes, the property listings on Square Yards include the information about property’s life in Timiskaming.
What amenities do I get on buying a Timiskaming property?
The amenities available for the properties in Timiskaming may vary from one property to another. The amenities provided can be checked online on Square Yards.
What is the minimum and maximum price range in Timiskaming?
The minimum and maximum price range may vary between $199,000 to $29,99,999 in Timiskaming.