The $177,400 price tag on the median Scotchtown home means that it is below the national norm.
There are 427 neighbourhoods that have more properties on sale than Scotchtown at the moment in New Brunswick which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Scotchtown for investors, it’s important to look at data like:
In Scotchtown, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Will prices rise across the next year in in Scotchtown? There are a number of real estate indicators to consider.
Over the last three months in Scotchtown, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.