When looking across the province, Grand Falls is the 202th most expensive in New Brunswick.
In Aug the median listed house price of $149,900 in Grand Falls was an above average compared to the rest of New Brunswick.
If you’re looking at investment properties in Grand Falls, then you’re most likely to find homes with 3 bedrooms on sale this month.
From our data, it appears that neighbourhood is number 403th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
Will prices rise across the next year in in Grand Falls? There are a number of real estate indicators to consider.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Grand Falls, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 66, this month we show 77.
Across the country as a whole, Grand Falls is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $145,950 price tag on the median Grand Falls home means that it is very cheap in comparison to the rest of the nation.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Grand Falls has a huge choice compared to the rest of the province
New Brunswick 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.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.