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Board Road, NB

Updated: Aug 2016
House
Median price $190,000
Monthly growth 40.84 %
Quarterly trend
Stock on market 7.75%
Apartment
Median price $178,400
Monthly growth
Quarterly trend
Stock on market 0.51%

Board Road Home Price

The $190,000 price tag on the median Board Road home means that it is about average price.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

Across New Brunswick Board Road has the 20th most properties on offer with 421.

When we look at the data we have, it can help with trying to establish whether or not Board Road is a good investment target.

In Board Road, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Across the country as a whole, Board Road is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Board Road’s median house price at $178,399 in Aug , it is above average compared to the rest of New Brunswick.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

New Brunswick has the seventh most amount of properties available to property investors, with Board Road having 15th most in the province, out of a total of 32.

It’s never an exact art, but to try to forecast how property is going to appreciate in Board Road for investors, it’s important to look at data like:

Over the last three months in Board Road, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Beds Median price (House) Median price (Apartment)
2 bedrooms $104,950
3 bedrooms $190,000 $178,400
4 bedrooms $187,000
5 bedrooms $239,900
6 bedrooms $339,900
Demographics
  • Population in 20111605
  • Population in 20061499
  • 2006 to 2011 population change (%)7.1
  • Total private dwellings787
  • Private dwellings occupied by usual residents678
  • Population density per square kilometre8.5
  • Land area (square km)189.93