$529,900
55 Munner Drive
Richibucto Road, New Brunswick
2bed2bath970sqft
New Brunswick
Richibucto Road Real Estate
Browse homes for sale in Richibucto Road • Median $499,900
$499,900Median Price
30Avg Days on Market
2Detached
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About Richibucto Road Real Estate
Richibucto Road is a charming and scenic area located in the heart of Fredericton, New Brunswick, known for its rich history and vibrant community spirit. Historically a vital transportation route, the road has evolved into a desirable residential neighborhood, blending the tranquility of suburban living with the convenience of urban amenities. The area is characterized by its picturesque landscapes, including mature trees and well-kept gardens that create a welcoming atmosphere for residents and visitors alike. Richibucto Road is not just a thoroughfare; it represents a lifestyle choice for those who appreciate both community and nature.
The neighborhood boasts a unique blend of older homes with character and modern builds, attracting a diverse range of buyers. Its proximity to the downtown core provides residents with easy access to cultural landmarks and essential services, making it an ideal location for young professionals and families. The local architecture reflects a mix of traditional New Brunswick charm and contemporary design, giving the area a distinctive character that sets it apart from other neighborhoods in Fredericton.
Richibucto Road is particularly appealing to those who value community engagement and outdoor activities. The nearby Nashwaak River, with its scenic walking trails and parks, invites residents to enjoy nature, encouraging a healthy and active lifestyle. The area's commitment to community events, such as seasonal festivals and farmers' markets, fosters a strong sense of belonging, making it an attractive choice for those looking to immerse themselves in a supportive neighborhood environment. With a median listing price of $499,900, Richibucto Road offers opportunities for both first-time homebuyers and those looking to invest in their future in a growing area.
3 active listings with a median price of $499,900.
Lifestyle & Community
Living on Richibucto Road means embracing a lifestyle that balances tranquility with accessibility. The community is known for its friendly atmosphere, where neighbors often gather for local events and initiatives, promoting a strong sense of belonging. The area features a variety of parks and recreational spaces, perfect for outdoor activities, picnics, and family outings. Residents can often be seen enjoying the natural beauty that surrounds them, with trails offering stunning views of the Nashwaak River. The local culture is enriched by community gatherings and seasonal festivals, allowing residents to connect and celebrate together.
Local Amenities
- Grocery stores
- Pharmacies
- Elementary and high schools
- Public transit access
- Parks and recreational areas
- Community centers
- Fitness facilities
- Restaurants and cafes
- Local markets
- Library services
- Childcare facilities
- Banking services
Points of Interest
- Nashwaak River
- Fredericton Botanical Garden
- Odell Park
- Fredericton Playhouse
- Regent Mall
- Historic Garrison District
- New Brunswick Sports Hall of Fame
- Fredericton Farmers' Market
Market Overview
The real estate market on Richibucto Road is currently characterized by a competitive atmosphere, with three active listings and a median listing price of $499,900. Buyers can expect a mix of older homes with character and newer constructions, each offering unique features. While the market has shown stability in pricing, potential buyers should act quickly as properties in this desirable neighborhood often attract interest due to its blend of suburban peace and urban convenience. The current conditions suggest a balanced market, making it a suitable time for both buyers and sellers.
Investment Outlook
Richibucto Road presents a promising opportunity for real estate investment, particularly for those looking to capitalize on the growing popularity of Fredericton. The rental market is robust, with a steady demand for homes due to the area's appeal to families and young professionals. As the city continues to develop, there are potential growth areas, making it an attractive prospect for future value appreciation. Investors can benefit from both short-term rentals and long-term leases, providing flexible options in a thriving community.
Ideal For
Richibucto Road is ideal for first-time buyers, families looking for a supportive community, and retirees seeking a peaceful yet vibrant neighborhood. Investors may also find opportunities due to the attractive rental market and appreciation potential in this growing area.
Living in Richibucto Road
Lifestyle
Living on Richibucto Road means embracing a lifestyle that balances tranquility with accessibility. The community is known for its friendly atmosphere, where neighbors often gather for local events and initiatives, promoting a strong sense of belonging. The area features a variety of parks and recreational spaces, perfect for outdoor activities, picnics, and family outings. Residents can often be seen enjoying the natural beauty that surrounds them, with trails offering stunning views of the Nashwaak River. The local culture is enriched by community gatherings and seasonal festivals, allowing residents to connect and celebrate together.
Local Amenities
Grocery storesPharmaciesElementary and high schoolsPublic transit accessParks and recreational areasCommunity centersFitness facilitiesRestaurants and cafesLocal marketsLibrary servicesChildcare facilitiesBanking services
Market Insights
The real estate market on Richibucto Road is currently characterized by a competitive atmosphere, with three active listings and a median listing price of $499,900. Buyers can expect a mix of older homes with character and newer constructions, each offering unique features. While the market has shown stability in pricing, potential buyers should act quickly as properties in this desirable neighborhood often attract interest due to its blend of suburban peace and urban convenience. The current conditions suggest a balanced market, making it a suitable time for both buyers and sellers.
Investment Potential
Richibucto Road presents a promising opportunity for real estate investment, particularly for those looking to capitalize on the growing popularity of Fredericton. The rental market is robust, with a steady demand for homes due to the area's appeal to families and young professionals. As the city continues to develop, there are potential growth areas, making it an attractive prospect for future value appreciation. Investors can benefit from both short-term rentals and long-term leases, providing flexible options in a thriving community.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$400K – $600K
2
$600K – $800K
2
Explore More in Richibucto Road
Richibucto Road Market ReportPrices, trends & analysisCost of Living in Richibucto RoadHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Richibucto RoadSchools & ratings nearbyTransit in Richibucto RoadStops & stations nearbyParks in Richibucto RoadParks & recreation nearby
Frequently Asked Questions About Richibucto Road
How many homes are for sale in Richibucto Road?
There are currently 3 active residential listings in Richibucto Road. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Richibucto Road?
The median list price for homes in Richibucto Road is $499,900. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Richibucto Road?
Properties available in Richibucto Road include Detached (2). You can filter by property type using the search options on this page.
How long do homes stay on the market in Richibucto Road?
Homes in Richibucto Road spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Richibucto Road?
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.
Are there neighbourhood-level listings for Richibucto Road?
Yes. You can browse homes in specific neighbourhoods within Richibucto Road using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.