First of all, let’s look at property values!!
The average selling price of a home in New Maryland sold for $229,957.63!!
This is based off of sold listings from Jan. 1st 2015 - Dec. 31st 2016
This does not include vacant land or mini homes sold in Peterson Park.
Compare this to the price of the average home sale price in the Greater Fredericton for Dec. 2015 of $165,946!!
This is a total volume of $13.5 Million dollars in real estate activity on 59 total transactions!
This makes the area a fantastic choice for either buying and retaining your property value, or selling when the time comes. Why are the values so great here? There are a few reasons.
#1 Property tax is less than Fredericton City Tax. Being 5 minutes from all amenities and getting a tax break means a BIGGER home for less tax Dollars!
#2 New Maryland Elementary School is one of the TOP rated schools in the Province making the area VERY appealing for first time buyers or young families.
#3 New Maryland Town Hall does an amazing job of organizing events, creating community spirit and bring everyone together. It truly has a small town feel but 5 minutes from all the essential amenities of uptown Fredericton.
#4 Proximity - to the uptown area, corbett centre, + Major highways. This makes it great for our military members as they are conveniently located next to the highway making the drive to base Gagetown just around 10 minutes. It also works out well for the family members who don't work at base Gagetown, as the drive to everything uptown is just a skip away!
Share this post if you found it helpful!