Real Estate Market Report for
Board Road, NB

Updated : Aug 2016
House
  • Median price $190,000
  • Monthly growth 40.84 %
  • Quarterly trend
  • Stock on market 7.75%
Apartment
  • Median price $178,400
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.51%
Board Road Home Price

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The $190,000 price tag on the median Board Road home means that it is about average price.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

Across New Brunswick Board Road has the 20th most properties on offer with 421.

When we look at the data we have, it can help with trying to establish whether or not Board Road is a good investment target.

In Board Road, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Across the country as a whole, Board Road is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Board Road’s median house price at $178,399 in Aug , it is above average compared to the rest of New Brunswick.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

New Brunswick has the seventh most amount of properties available to property investors, with Board Road having 15th most in the province, out of a total of 32.

It’s never an exact art, but to try to forecast how property is going to appreciate in Board Road for investors, it’s important to look at data like:

Over the last three months in Board Road, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Beds Median price (House) Median price (Apartment)
2 bedrooms $104,950
3 bedrooms $190,000 $178,400
4 bedrooms $187,000
5 bedrooms $239,900
6 bedrooms $339,900
Demographics
  • Population in 20111605
  • Population in 20061499
  • 2006 to 2011 population change (%)7.1
  • Total private dwellings787
  • Private dwellings occupied by usual residents678
  • Population density per square kilometre8.5
  • Land area (square km)189.93
  • Age Characteristics
    Total population by age groups 1605
    0 to 4 years 70
    5 to 9 years 75
    10 to 14 years 85
    15 to 19 years 90
    15 years 20
    16 years 20
    17 years 20
    18 years 15
    19 years 20
    20 to 24 years 75
    25 to 29 years 60
    30 to 34 years 85
    35 to 39 years 100
    40 to 44 years 100
    45 to 49 years 120
    50 to 54 years 160
    55 to 59 years 170
    60 to 64 years 140
    65 to 69 years 100
    70 to 74 years 70
    75 to 79 years 50
    80 to 84 years 35
    85 years and over 20
    Median age of the population 47.8
    % of the population aged 15 and over 86
  • Marital Status
    Total population 15 years and over by marital status 1380
    Married or living with a common-law partner 875
    Married (and not separated) 780
    Living common-law 100
    Not married and not living with a common-law partner 505
    Single (never legally married) 285
    Separated 40
    Divorced 80
    Widowed 95
    Family Characteristics
    Total number of census families in private households 530
    Size of census family: 2 persons 325
    Size of census family: 3 persons 115
    Size of census family: 4 persons 70
    Size of census family: 5 or more persons 20
    Total number of census families in private households 525
    Total couple families by family structure and number of children 435
    Married couples 385
    Without children at home 235
    With children at home 155
    1 child 80
    2 children 60
    3 or more children 15
    Common-law couples 45
    Without children at home 30
    With children at home 20
    1 child 10
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 95
    Female parent 80
    1 child 55
    2 children 20
    3 or more children 5
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 405
    Under six years of age 85
    6 to 14 years 135
    15 to 17 years 55
    18 to 24 years 85
    25 years and over 50
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 1585
    Number of persons not in census families 210
    Living with relatives 30
    Living with non-relatives only 40
    Living alone 140
    Number of census family persons 1370
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 260
    Number of persons not in census families aged 65 years and over 80
    Living with relatives 10
    Living with non-relatives only 10
    Living alone 55
    Number of census family persons aged 65 years and over 185
    Total number of private households by household type 675
    Census-family households 520
    One-family-only households 480
    Couple-family households 410
    Without children 240
    With children 170
    Lone-parent-family households 75
    Other family households 40
    One-family households with persons not in a census family 25
    Couple-family households 15
    Without children 10
    With children 5
    Lone-parent-family households 15
    Two-or-more-family households 10
    Non-census-family households 160
    One-person households 140
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 680
    Single-detached house 535
    Apartment, building that has five or more storeys 0
    Movable dwelling 120
    Other dwelling 20
    Semi-detached house 5
    Row house 0
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 5
    Total number of private households by household size 680
    1 person 140
    2 persons 310
    3 persons 120
    4 persons 80
    5 persons 25
    6 or more persons 0
    Number of persons in private households 1585
    Average number of persons in private households 2.3
Census 2011

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