Bouctouche was Canada’s 3751th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Bouctouche has a median home price of $158,500.
Investors looking for properties in Bouctouche are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
When we look at the data we have, it can help with trying to establish whether or not Bouctouche is a good investment target.
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.
Across the country as a whole, Bouctouche is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Bouctouche’s median house price at $162,400 in Aug , it is about average compared to the rest of New Brunswick.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 4.
There are 32 neighbourhoods that have more properties on sale than Bouctouche at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bouctouche will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bouctouche there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.