Across the nation CREW lists data for 5162 neighbourhoods, and this month Richmond Corner is number 4821 putting it behind most of Canada .
While the median for New Brunswick is $169,900 , which means that Richmond Corner’s median price is $89,900 a lot lower than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Richmond Corner has fewer than average compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Richmond Corner for investors, it’s important to look at data like:
Over the last three months in Richmond Corner, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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.