Across the country as a whole, Channel-Port aux Basques is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Channel-Port aux Basques’s median house price at $129,900 in Aug , it is below average compared to the rest of Newfoundland and Labrador.
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.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Channel-Port aux Basques has a huge choice compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Channel-Port aux Basques is a good investment target.
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 Channel-Port aux Basques have dried up which would tend to indicate that demand is higher than the supply of new properties.
Can we guarantee how well Channel-Port aux Basques 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.