According to a well known national financial publication the Bancroft area is the best place to buy real estate in Canada.
MoneySense’s latest edition of”Where to buy Real Estate” rates the Bancroft area number one on a long list of communities and regions measuring good value for residential real estate.
The average price of a residential property in Bancroft is $293,000 which is said to be 47% below the national average and prices have increased by 78% over the past three years.
Meanwhile the Quinte region sits at number seven on the list with the average price of a residential property being $360,000 or 35% below the national average.
Prices in the Quinte region have increased 53% over the past three years.
