Canada’s national median home listing price this month is $310,000, which means that Tompkins is in the cheapest 20% for Canada.
While the median for Newfoundland and Labrador is $249,000 , which means that Tompkins’s median price is $69,350 a lot lower than the rest of the province.
If you’re looking at investment properties in Tompkins, then you’re most likely to find homes with 3 bedrooms on sale this month.
There are 191 neighbourhoods that have more properties on sale than Tompkins at the moment in Newfoundland and Labrador which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Tompkins for investors, it’s important to look at data like:
Over the last three months in Tompkins, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.