Canada’s national median home listing price this month is $309,000, which means that Second North River is in the cheapest 20% for Canada.
The $134,900 price tag on the median Second North River home means that it is very cheap in comparison to the rest of the nation.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Second North River has not many at all compared to the rest of the province
New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Second North River will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Second North River, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.