Across the country as a whole, Jerseyside is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Jerseyside has a median home price of $182,000.
From our data, it appears that neighbourhood is number 4117th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Jerseyside 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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Jerseyside for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.