When looking across the province, Upper Dorchester is the 100th most expensive in New Brunswick.
With Upper Dorchester’s median house price at $202,000 in Aug , it is above average compared to the rest of New Brunswick.
Upper Dorchester’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
There are 421 neighbourhoods that have more properties on sale than Upper Dorchester at the moment in New Brunswick which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Upper Dorchester 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.
In Upper Dorchester, 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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Upper Dorchester will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Upper Dorchester, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.