Beyond Bending Tell You How
Riverview, New Brunswick is a charming town located just across the Petitcodiac River from the city of Moncton. Known for its beautiful parks, scenic riverfront, and friendly community, Riverview has become a popular destination for homebuyers looking for a quieter lifestyle without sacrificing convenience. If you’re considering buying or selling a home in Riverview, this guide will provide you with all the information you need to make informed decisions about your real estate investment.
In this guide, we’ll cover the following topics:
1. Overview of Riverview NB Real Estate Market
Before making any real estate investment, it’s important to have a general understanding of the market you’re dealing with. Here are some key facts about the Riverview NB real estate market:
| Median Home Price | Days on Market | Number of Homes for Sale |
|---|---|---|
| $239,900 | 67 | 120 |
As of September 2021, the median home price in Riverview NB is $239,900, which is slightly lower than the national average. Homes in Riverview typically stay on the market for about 67 days before being sold, which is relatively fast compared to other markets. Currently, there are approximately 120 homes for sale in Riverview, providing a decent inventory for homebuyers.
2. Types of Homes in Riverview NB
Riverview offers a variety of housing options for buyers, ranging from single-family homes to condos and townhouses. Here are some of the most common types of homes you’ll find in Riverview:
Single-Family Homes
Single-family homes are the most common type of home in Riverview, making up about 80% of the housing market. These homes range in size from small bungalows to large, modern houses with multiple floors. Many single-family homes in Riverview are located in quiet residential neighborhoods, making them ideal for families.
Condos and Townhouses
Condos and townhouses are a popular choice for buyers who want a more low-maintenance lifestyle. These types of homes are typically smaller than single-family homes and may be part of a larger complex with amenities such as a pool or gym. Condos and townhouses are also typically more affordable than single-family homes, making them a good option for first-time homebuyers.
3. Best Neighborhoods in Riverview NB
Riverview has several neighborhoods that are popular among homebuyers. Here are some of the best neighborhoods in Riverview:
Gunningsville
Gunningsville is a quiet, residential neighborhood located in the northwestern part of Riverview. It’s known for its tree-lined streets, well-kept homes, and proximity to walking trails and parks. The neighborhood is also home to a popular elementary school, making it a great choice for families with young children.
West Riverview
West Riverview is a large, diverse neighborhood located in the southwestern part of Riverview. It’s known for its vibrant community and wide range of housing options, from small bungalows to larger, modern homes. West Riverview is also home to several parks and playgrounds, making it a great choice for families with children.
4. Tips for Buying a Home in Riverview NB
If you’re considering buying a home in Riverview, here are some tips to help you make the most of your investment:
Work with a Local Real Estate Agent
Working with a local real estate agent can help you navigate the Riverview real estate market and find the best deals on homes. A local agent will have a deep understanding of the local market and can provide valuable insights into the neighborhoods you’re considering.
Get Pre-Approved for a Mortgage
Getting pre-approved for a mortgage can help you determine how much house you can afford and make your home search more efficient. With a pre-approval in hand, you’ll be able to move quickly when you find the perfect home.
Be Prepared to Act Fast
Homes in Riverview tend to sell quickly, so it’s important to be prepared to act fast if you find a home you love. Work with your real estate agent to stay up-to-date on new listings and be ready to make an offer as soon as you find a home that meets your needs.
5. Tips for Selling a Home in Riverview NB
If you’re looking to sell your home in Riverview, here are some tips to help you get the best price:
Work with a Local Real Estate Agent
Working with a local real estate agent can help you price your home correctly and market it to the right buyers. Your agent will have a deep understanding of the local market and can provide valuable insights into pricing and marketing strategies.
Make Necessary Repairs and Upgrades
Making necessary repairs and upgrades can help your home sell faster and for a higher price. Consider repainting rooms, replacing outdated fixtures, and making other minor improvements to help your home stand out to buyers.
Price Your Home Competitively
Pricing your home competitively is key to attracting buyers and getting the best price for your home. Work with your real estate agent to determine a fair price based on market trends and the condition of your home.
6. People Also Ask
What is the cost of living in Riverview NB?
The cost of living in Riverview NB is generally lower than the national average. Housing, transportation, and groceries are all more affordable in Riverview than in many other parts of Canada.
What are the best schools in Riverview NB?
Riverview has several excellent schools, including Riverview High School, Frank L. Bowser School, and Riverview Middle School. These schools are known for their high academic standards and dedicated teachers.
What is the weather like in Riverview NB?
Riverview experiences a humid continental climate, with warm summers and cold winters. Average temperatures range from around 20°C in the summer to around -10°C in the winter.
Conclusion
Riverview NB is a wonderful place to call home, with a thriving real estate market and a friendly community. Whether you’re looking to buy or sell a home in Riverview, the tips and information in this guide can help you make informed decisions about your real estate investment.
