With a median listing price of $257,400, North West Brook is Canada’s 2064th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $257,400 this month, North West Brook, Newfoundland and Labrador is probably not for you price wise.
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.
Across Newfoundland and Labrador North West Brook has the 132th most properties on offer with 191.
When we look at the data we have, it can help with trying to establish whether or not North West Brook is a good investment target.
Over the last three months in North West Brook, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for North West Brook will hopefully provide an indicator to help you where to research in-depth
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.