Property prices for sale in Kenora (Ontario)
The prices in real estate in Kenora, in the Ontario region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Kenora has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $16,649. In the following month the price per sq.feet increased considerably to $29,793. The price for the following two months in (December, January) had a considerable decrease of 36 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $15,740.75 to $411 during February, and March.
Based upon to the price in Kenora (cities), these have remained the same in the last 6 months. The price in October is $441,656, rising in November till $467,676. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $488,950 they are 43 % more affordable than the average price for Kenora. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 3 bedrooms priced at $430,331.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $272 / sq.feet, with an average $406 / sq.feet price in Kenora. The properties with the highest average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 4 bedrooms with a price at $373 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $488,950 it is 58 % cheaper than the average price in Kenora. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Land". At a price of $206,513 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $77,774 / sq.feet followed by "Commercial" priced at $191,898 / sq.feet. "Commercial" is the most costly type of property with a $191,898 / sq.feet cost followed by "Land" with an average price of $77,774 / sq.feet.
