Across the nation CREW lists data for 5162 neighbourhoods, and this month Waterford is number 4112 putting it behind most of Canada .
The $139,900 price tag on the median Waterford home means that it is very cheap in comparison to the rest of the nation.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Waterford 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.
Over the last three months in Waterford, housing stock available seems to be falling – this could mean that homes values might increase faster.
Will prices rise across the next year in in Waterford? There are a number of real estate indicators to consider.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Waterford have stayed pretty much the same which would tend to indicate that demand is steady.