When looking across the province, Loch Lomond is the 100th most expensive in Newfoundland and Labrador.
While the median for Newfoundland and Labrador is $293,900 , which means that Loch Lomond’s median price is $198,900 below average than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Sep this neighbourhood’s most common listing has properties with fewer bedrooms.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Loch Lomond 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.
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.