With a median listing price of $259,450, Bay Bulls is Canada’s 1965th most expensive when ordered by median listing price.
The $259,450 price tag on the median Bay Bulls home means that it is above the cost of most houses in the country.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Across Newfoundland and Labrador Bay Bulls has the 31th most properties on offer with 197.
It’s never an exact art, but to try to forecast how property is going to appreciate in Bay Bulls for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bay Bulls will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Bay Bulls, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.