When looking across the province, South Esk is the 27th most expensive in New Brunswick.
When our research team crunched the numbers we calculated that South Esk has a median home price of $288,500.
New Brunswick has the seventh most amount of properties available to property investors, with South Esk having 224th most in the province, out of a total of 421.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for South Esk will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
It’s never an exact art, but to try to forecast how property is going to appreciate in South Esk for investors, it’s important to look at data like:
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.