Greater Lakeburn was Canada’s 2633th most expensive suburb by listed median house price this month.
The $199,900 price tag on the median Greater Lakeburn home means that it is about average price.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Greater Lakeburn 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.
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 Greater Lakeburn, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 3.
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.