Hodges Cove, Newfoundland and Labrador has a median house price of $107,450 when compiling all the home listings in Feb .
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 Hodges Cove has not many at all compared to the rest of the province
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.
Over the last three months in Hodges Cove, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
It’s never an exact art, but to try to forecast how property is going to appreciate in Hodges Cove for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.