Hanwell was Canada’s 1918th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $263,450 in Hanwell was an impressive compared to the rest of New Brunswick.
Hanwell’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 913th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
It’s never an exact art, but to try to forecast how property is going to appreciate in Hanwell for investors, it’s important to look at data like:
In Hanwell, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hanwell will hopefully provide an indicator to help you where to research in-depth
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 Hanwell have stayed pretty much the same which would tend to indicate that demand is steady.