Badger was Canada’s 3852th most expensive suburb by listed median house price this month.
With Badger’s median house price at $151,950 in Aug , it is below average compared to the rest of Newfoundland and Labrador.
There are 197 neighbourhoods that have more properties on sale than Badger at the moment in Newfoundland and Labrador which puts the neighbourhood middle range when looking at the number of properties to choose from.
Is Badger a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Badger, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 4.
Across the country as a whole, Badger is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $329,450 price tag on the median Badger home means that it is quite highly priced by Canadian standards.
Newfoundland and Labrador has the fourth least amount of properties available to property investors, with Badger having 12th most in the province, out of a total of 13.
Will prices rise across the next year in in Badger? There are a number of real estate indicators to consider.
Over the last three months in Badger, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.