When our research team crunched the numbers we calculated that Aquaforte has a median home price of $71,449.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.
There are 203 neighbourhoods that have more properties on sale than Aquaforte at the moment in Newfoundland and Labrador which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Aquaforte will hopefully provide an indicator to help you where to research in-depth
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.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Aquaforte 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.
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 Aquaforte have stayed pretty much the same which would tend to indicate that demand is steady.