Beyond Bending Tell You How
Riverview, New Brunswick, is a charming town located just across the Petitcodiac River from Moncton. With a population of just over 19,000 people, it offers a small-town feel while still being close to all the amenities of a larger city. It’s no wonder that more and more people are looking to buy real estate in Riverview, NB.
If you’re considering buying property in Riverview, there are several things you should know. In this article, we’ll cover everything from the types of properties available to the local real estate market and what you can expect to pay. We’ll also touch on some of the things that make Riverview such a great place to live. Let’s get started!
Types of Properties Available
Real estate in Riverview, NB, offers a variety of properties to suit different budgets and lifestyles. Whether you’re looking for a family home or a smaller apartment, there’s something for everyone. Here are some of the most common types of properties you’ll find in Riverview:
| Property Type | Description |
|---|---|
| Single-Family Homes | Detached homes with private yards, perfect for families or those who value privacy. |
| Semi-Detached Homes | Homes that share a wall with the neighbouring property, offering a more affordable option while still providing some privacy. |
| Townhomes | Homes that share walls on both sides, often with a small yard or patio area. This is a good option for those who want a bit more space than an apartment but don’t want the maintenance of a detached home. |
| Condos and Apartments | Units in multi-unit buildings that offer a more affordable option for those wanting to live in Riverview. These often come with shared amenities like a gym or pool. |
As you can see, there are options for everyone in Riverview, no matter their budget or lifestyle.
The Local Real Estate Market
The real estate market in Riverview, NB, is healthy and growing. According to Realtor.ca, the average home price in Riverview is $257,000, which is lower than the national average of $605,000. This makes it an attractive option for those looking to buy a home without breaking the bank.
Despite the lower prices, the local real estate market is competitive. Homes don’t stay on the market for long, and buyers should be prepared to act quickly if they find a property they like. Working with a local real estate agent can be a big help in navigating the market and finding the right property.
What to Expect When Buying Property in Riverview
When buying property in Riverview, there are a few things you should keep in mind. First and foremost, be prepared to act quickly. As mentioned, properties don’t stay on the market for long, so if you find something you like, be prepared to make an offer.
You should also be prepared to negotiate. While the local real estate market is competitive, there is still room for negotiation, especially if the property has been on the market for a while. Your real estate agent can help guide you through the negotiation process.
Another thing to keep in mind is the local zoning laws. Depending on what you plan to do with your property, you may need to obtain certain permits or follow certain regulations. Your real estate agent can help you navigate this process.
Why Live in Riverview?
So why should you consider buying real estate in Riverview, NB? There are several reasons:
- Location: Riverview is just across the river from Moncton, which means residents have easy access to all the amenities of a larger city, including shopping, dining, and entertainment.
- Small-Town Feel: Despite being close to a larger city, Riverview still feels like a small town. The community is tight-knit, and residents often know their neighbours.
- Natural Beauty: Riverview is situated on the Petitcodiac River and is surrounded by natural beauty. There are plenty of parks and outdoor spaces for residents to enjoy.
- Affordability: As mentioned, real estate in Riverview is more affordable than in many other parts of the country, making it an attractive option for those on a budget.
Buying Real Estate in Riverview: Final Thoughts
Buying real estate in Riverview, NB, can be a great investment. With a healthy and growing real estate market, a variety of properties to choose from, and a tight-knit community, it’s no wonder more and more people are choosing to call Riverview home. If you’re considering buying property in Riverview, be prepared to act quickly and work with a local real estate agent to navigate the market.
People Also Ask:
Is Riverview, NB, a good place to live?
Yes, Riverview, NB, is a great place to live. It offers a small-town feel while still being close to all the amenities of a larger city. The community is tight-knit, and there are plenty of parks and outdoor spaces to enjoy.
What is the average home price in Riverview, NB?
According to Realtor.ca, the average home price in Riverview, NB, is $257,000, which is lower than the national average of $605,000.
What types of properties are available in Riverview, NB?
Real estate in Riverview, NB, offers a variety of properties to suit different budgets and lifestyles. These include single-family homes, semi-detached homes, townhomes, and condos and apartments.
