Across the nation CREW lists data for 5043 neighbourhoods, and this month Scotch Lake is number 4404 putting it behind most of Canada .
While the median for New Brunswick is $174,900 , which means that Scotch Lake’s median price is $117,400 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 Scotch Lake has not many at all 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 Scotch Lake for investors, it’s important to look at data like:
Over the last three months in Scotch Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Will prices rise across the next year in in Scotch Lake? There are a number of real estate indicators to consider.
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 Scotch Lake have stayed pretty much the same which would tend to indicate that demand is steady.