Port Albert was Canada’s 5245th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $39,450 this month, Port Albert, Newfoundland and Labrador do not consider price wise.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in May this neighbourhood’s most common listing has properties with fewer bedrooms.
Newfoundland and Labrador has the second least amount of properties available to property investors, with Port Albert having 132th most in the province, out of a total of 182.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Port Albert needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
It’s never an exact art, but to try to forecast how property is going to appreciate in Port Albert for investors, it’s important to look at data like:
Over the last three months in Port Albert, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.