Black River Bridge was Canada’s 3034th most expensive suburb by listed median house price this month.
While the median for New Brunswick is $169,900 , which means that Black River Bridge’s median price is $193,450 below average than the rest of the province.
According to our stats, Black River Bridge is the neighbourhood that has the 306th most properties available to real estate investors in New Brunswick.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Black River Bridge 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 Black River Bridge, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Black River Bridge 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.