Across the country as a whole, Haut-Paquetville is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for New Brunswick is $167,900 , which means that Haut-Paquetville’s median price is $100,450 a lot lower than the rest of the province.
This month we track 310th neighbourhoods in New Brunswick, and Haut-Paquetville has the 310th most choice available for real estate investors.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Haut-Paquetville 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 Haut-Paquetville have stayed pretty much the same which would tend to indicate that demand is steady.
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.
Is Haut-Paquetville a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Haut-Paquetville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.