The median asking price in Waterville is $129,450, quite a drop from the median three months ago which was $207,500 .
The $129,450 price tag on the median Waterville home means that it is very cheap in comparison to the rest of the nation.
Investors looking for properties in Waterville are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Waterville 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Waterville there is more stock than three months ago. This would indicate pressure on prices easing.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Waterville will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Waterville, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.