Canada’s national median home listing price this month is $290,900, which means that Kelligrews is in the top 40% for Canada.
While the median for Newfoundland and Labrador is $209,000 , which means that Kelligrews’s median price is $319,900 considerably better than the rest of the province.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
Is Kelligrews a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Kelligrews, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Kelligrews will hopefully provide an indicator to help you where to research in-depth
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.