Chelmsford was Canada’s 2238th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Chelmsford has a median home price of $247,950.
Across New Brunswick Chelmsford has the 290th most properties on offer with 416.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Chelmsford needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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 Chelmsford have stayed pretty much the same which would tend to indicate that demand is steady.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Chelmsford will hopefully provide an indicator to help you where to research in-depth
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.