With a median listing price of $124,250, Blackhead is Canada’s 3476th most expensive when ordered by median listing price.
With Blackhead’s median house price at $124,250 in Dec , it is one of the cheapest neighbourhoods compared to the rest of Newfoundland and Labrador.
Across Newfoundland and Labrador Blackhead has the 115th most properties on offer with 162.
When we look at the data we have, it can help with trying to establish whether or not Blackhead is a good investment target.
In Blackhead, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
It’s never an exact art, but to try to forecast how property is going to appreciate in Blackhead for investors, it’s important to look at data like:
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.