When looking across the province, Meadowbank is the 146th most expensive in Prince Edward Island.
While the median for Prince Edward Island is $179,000 , which means that Meadowbank’s median price is $113,500 a lot lower than the rest of the province.
This month we track 116th neighbourhoods in Prince Edward Island, and Meadowbank has the 116th most choice available for real estate investors.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Meadowbank 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.
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 Meadowbank have stayed pretty much the same which would tend to indicate that demand is steady.