Canada’s national median home listing price this month is $319,900, which means that Musgrave Harbour is in the cheapest 20% for Canada.
Musgrave Harbour, Newfoundland and Labrador has a median house price of $82,450 when compiling all the home listings in May .
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Musgrave Harbour has not many at all compared to the rest of the province
Will prices rise across the next year in in Musgrave Harbour? There are a number of real estate indicators to consider.
Over the last three months in Musgrave Harbour, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Is Musgrave Harbour a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.