Across the country as a whole, Lark Harbour is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Newfoundland and Labrador is $249,000 , which means that Lark Harbour’s median price is $157,000 below average than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lark Harbour has a pretty average amount compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Lark Harbour is a good investment target.
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.
Is Lark Harbour a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Lark Harbour, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.