Canada’s national median home listing price this month is $299,900, which means that Comfort Cove-Newstead is in the cheapest 20% for Canada.
When our research team crunched the numbers we calculated that Comfort Cove-Newstead has a median home price of $46,950.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.
This month we track 121th neighbourhoods in Newfoundland and Labrador, and Comfort Cove-Newstead has the 121th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Comfort Cove-Newstead for investors, it’s important to look at data like:
If you are looking at investment properties in Comfort Cove-Newstead, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 Comfort Cove-Newstead have stayed pretty much the same which would tend to indicate that demand is steady.