Thornlea Home Price
Across the nation CREW lists data for 4862 neighbourhoods, and this month Thornlea is number 3445 putting it in the bottom half of the country .
With Thornlea’s median house price at $159,900 in Aug , it is below average compared to the rest of Newfoundland and Labrador.
It’s never an exact art, but to try to forecast how property is going to appreciate in Thornlea for investors, it’s important to look at data like:
If you are looking at investment properties in Thornlea, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Thornlea 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.
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