With Miscou Centre’s median house price at $163,500 in Aug , it is about average compared to the rest of New Brunswick.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 5.
This month we track 306th neighbourhoods in New Brunswick, and Miscou Centre has the 306th most choice available for real estate investors.
Is Miscou Centre a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Miscou Centre there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Miscou Centre will hopefully provide an indicator to help you where to research in-depth