$469,900
70 Nine Island Pond South Road
Colliers, Newfoundland & Labrador
3bed2bath
detached in Colliers
Browse 10 active listings
Market Analysis
In the competitive real estate market of Colliers, NL, first-time homebuyers are a significant demographic, typically looking for a starter home that offers value without breaking the bank. Many of these buyers are young families or professionals drawn to the quaint community environment that Colliers provides. The lifestyle here is characterized by a close-knit atmosphere, where residents enjoy outdoor activities such as hiking and fishing, thanks to the proximity of scenic landscapes and waterways. The local schools, including St. Edward's School on Main Road, attract families seeking quality education for their children, further solidifying the demand for detached homes in the area.
Price Insights
With a median price of $88,000 and an average price of approximately $114,943, buyers in Colliers can expect a range of properties that offer both charm and functionality. For under $200,000, a buyer might find a cozy three-bedroom detached home on streets like Bayview Drive or even a four-bedroom property on Pine Crescent, often featuring spacious yards suitable for family gatherings or gardening. Buyers looking at the upper end of the range can find properties with modern updates, larger square footage, and proximity to amenities like the local grocery store and community center. Overall, this price bracket allows for a solid investment in a peaceful community with room for growth.
Available Properties
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About This Property Type
Detached homes in Colliers are predominantly single-family residences, offering ample living space and privacy for their occupants. Many of these homes feature traditional Newfoundland architecture, with practical layouts ideal for family life. Properties often include a front and back yard, making them perfect for outdoor enthusiasts who enjoy barbecues or gardening. Homes along Main Road and River Road typically range from quaint two-bedroom cottages to larger four-bedroom family homes, often boasting plenty of natural light and original woodwork. Most detached homes also provide off-street parking, a rarity in more urban settings.
Location Highlights
Colliers is a picturesque town that blends natural beauty with a rich sense of community. Nestled along the coast, the area features stunning ocean views and access to serene beaches, making it an ideal location for nature lovers. The local parks, such as the small but well-kept park on Pond Road, provide space for recreation and relaxation, while the nearby Salmonier Line offers scenic drives and trails for outdoor activities. With schools, grocery stores, and community facilities all within a short drive, residents can enjoy the convenience of suburban living while being close to the amenities necessary for daily life.
Investment Advice
Purchasing a detached home in Colliers is a smart move, especially given the current competitive market and limited supply of properties. The affordable price range makes it an attractive option for first-time buyers and investors looking to capitalize on the growing demand for homes in this charming town. The potential for appreciation, combined with the community's welcoming atmosphere, ensures that your investment will not only serve as a residence but also as a valuable asset in the long run. With the population steadily increasing and new developments on the horizon, now is the time to secure a piece of this beautiful Newfoundland community.
Buying Tips
When navigating the real estate market in Colliers, it's crucial to act swiftly due to the competitive nature of property sales. Begin by getting pre-approved for a mortgage to streamline your buying process. Make sure to explore various neighborhoods such as Main Road and Bayview Drive to understand the unique offerings of each area. Attend open houses and engage with local real estate agents who have a deep knowledge of the market and can provide insights on available properties. Lastly, consider budget flexibility; while aiming for a detached home under $500,000 is ideal, being open to a little higher investment may yield a property that exceeds your expectations.
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Frequently Asked Questions About Colliers
How many detached homes are for sale in Colliers?
There are currently 10 detached homes listed for sale in Colliers on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Colliers?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.