While the median for New Brunswick is $169,900 , which means that Salmon River’s median price is $84,900 a lot lower than the rest of the province.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Salmon River 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.