Canada’s national median home listing price this month is $305,000, which means that Timber River is in the cheapest 20% for Canada.
Want a cheaply priced house? Then at $104,900 this month, Timber River, New Brunswick is somewhere that you should look at price wise.
From our data, it appears that neighbourhood is number 4175th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Timber River 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Will prices rise across the next year in in Timber River? There are a number of real estate indicators to consider.
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.