Beresford was Canada’s 3771th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $156,400 this month, Beresford, New Brunswick is a possibility for you price wise.
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.
According to our stats, Beresford is the neighbourhood that has the 34th most properties available to real estate investors in New Brunswick.
Can we guarantee how well Beresford is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Beresford, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in Beresford for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Beresford there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.