Property prices for rent in Nelson (British Columbia)
The rent prices in real estate in Nelson, in the British Columbia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Nelson has risen during the last 6 months. In October, the average price per sq.feet was $601. In the following month the price per sq.feet rose considerably to $782. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per sq.feet has fallen 92 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $651.25 to $600 during February, and March.
When referring to the price in Nelson (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,344. In November This price remains at $1,373. In the following two months the average price has hardly changed with regard to the previous two months from $1,358.5 to $1,291. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,324.75 and $1,342 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $1,342 they are 7 % more expensive than the average price for Nelson. Following this ranking we find those properties with 1 at an average price of $1,445. The properties with the highest average price have 1 bedroom, Their price is 8 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,435.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $754 / sq.feet, with an average $600 / sq.feet price in Nelson. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 4 bedrooms with a price at $754 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,342 it is 1 % more affordable than the average price in Nelson. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Land". At a price of $1,435 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $617 / sq.feet followed by "Apartment" priced at $744 / sq.feet. "Land" is the most expensive type of property with a $754 / sq.feet value followed by "Apartment" with an average price of $744 / sq.feet.
