With Taymouth’s median house price at $169,450 in Aug , it is above average compared to the rest of New Brunswick.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Across New Brunswick Taymouth has the 178th most properties on offer with 421.
Will prices rise across the next year in in Taymouth? There are a number of real estate indicators to consider.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Taymouth, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 4.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Taymouth 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.