$99,800
Lot Pembroke Road
Pembroke, Prince Edward Island
RE/MAX CHARLOTTETOWN REALTY
MLS® 202611632
detached in Pembroke
Browse 2 active listings
Market Analysis
Pembroke, PE attracts diverse buyers, including young families, retirees, and professionals seeking a laid-back lifestyle. Families appreciate the proximity to schools like Pembroke Junior High and St. Joseph's High School, while retirees favor the low-maintenance living and community-oriented atmosphere. The balance in the market reflects a steady interest from buyers looking for homes that provide a blend of tranquility and convenience. Many buyers find the laid-back coastal lifestyle appealing, with activities such as fishing, kayaking, and walking trails nearby. This makes Pembroke an ideal spot for those wanting to escape the hustle of urban life without sacrificing modern amenities. The presence of parks like Pembroke Park and the nearby scenic waterfront creates opportunities for outdoor activities, enhancing the appeal for active buyers. The community spirit, combined with the rich history of the area, attracts those looking for a place to settle down and build roots, making Pembroke’s detached homes a sought-after choice among various demographics.
Price Insights
In Pembroke, potential buyers can expect to find a range of options under $1,500,000. The median price for detached homes is $429,000, while the average price hovers around $514,445. For this investment, buyers typically receive properties with generous lot sizes, often featuring spacious outdoor areas perfect for family gatherings or gardening. Homes on Cedar Street or Maple Avenue offer ample square footage, often exceeding 2,000 square feet, with many including updated kitchens and multiple bedrooms. Buyers can find unique character in many of these homes, with lovely historical details in properties from the early 1900s, alongside modern amenities that cater to contemporary lifestyles. Those looking at higher-end properties near the waterfront can expect premium finishes and breathtaking views, solidifying Pembroke as a location where quality and affordability can coexist.
Available Properties
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About This Property Type
Detached homes in Pembroke are characterized by their individuality and charm, often set on spacious lots that provide a sense of privacy and freedom. Many of these properties feature two to five bedrooms, allowing for flexibility to accommodate families or multi-generational living. The architectural styles vary from traditional Cape Cod designs to modernized bungalows, reflecting the town's rich history and evolution. Properties typically come with large yards, which are perfect for families or individuals who enjoy outdoor entertaining. Homes on streets like Pine Street and Birch Avenue frequently include features such as two-car garages, decks, and landscaped gardens, making them ideal for those who appreciate outdoor spaces. This variety ensures that buyers can find a detached home that perfectly suits their lifestyle and preferences, whether seeking a cozy retreat or a vibrant family hub.
Location Highlights
Pembroke’s charm lies in its blend of natural beauty and community spirit. Nestled along the coast of Prince Edward Island, it boasts stunning beaches and diverse landscapes that invite outdoor activities such as hiking, biking, or simply enjoying breathtaking sunsets. The town is well-connected, with public transit options that provide easy access to surrounding areas, making it convenient for commuters. Local amenities are abundant, with the Pembroke Community Centre and the local library offering programs for all ages. The vibrant downtown area features quaint shops, cafes, and restaurants, creating a vibrant atmosphere for residents. Families benefit from access to reputable schools and recreational facilities, while the nearby Confederation Trail offers miles of walking and biking paths, making Pembroke an idyllic location for active lifestyles.
Investment Advice
Investing in detached homes in Pembroke is a strategic choice, especially given the current balanced market conditions. With a median home price of $429,000, buyers can find solid investment opportunities that not only serve as family homes but also as potential rental properties. The steady demand for rentals, driven by both locals and seasonal visitors, can provide a reliable income stream. The town's consistent growth in amenities and ongoing community development indicate a strong potential for property value appreciation. While the average home price is around $514,445, properties in prime locations, such as near the beach or community parks, are more likely to see substantial increases in value. As Pembroke continues to gain popularity among retirees and families, investing in detached homes in this area is a decision that can yield significant long-term benefits.
Buying Tips
When considering a detached home in Pembroke, it's essential to start by identifying your priorities and budget. Evaluate the features that matter most to you, whether it’s a specific number of bedrooms, a large yard, or proximity to schools and parks. Take a drive through neighborhoods like Elm Street and Oak Avenue to get a feel for the community and available amenities. Work closely with a local real estate agent who understands the Pembroke market and can provide insights into neighborhood dynamics and property histories. When touring homes, pay attention to potential red flags such as foundation issues or outdated electrical systems. Lastly, be prepared for competition, and approach the purchasing process with flexibility and an open mind, as properties can move quickly in this desirable market.
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Frequently Asked Questions About Pembroke
How many detached homes are for sale in Pembroke?
There are currently 2 detached homes listed for sale in Pembroke on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Pembroke?
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.