Across the country as a whole, Boom Road is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Boom Road this month is $48,250.
This month we track 317th neighbourhoods in New Brunswick, and Boom Road has the 317th most choice available for real estate investors.
Is Boom Road a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Boom Road, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Can we guarantee how well Boom Road is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Boom Road have stayed pretty much the same which would tend to indicate that demand is steady.