Granny Suite Properties for Sale in Fredericton

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House for sale: 348 Gibson Street, Fredericton

45 photos

$699,900

348 Gibson Street, Fredericton, New Brunswick E3A 4E6

5 beds
3 baths
42 days

Union to Gibson or MacLaren to Gibson This stunning executive bungalow, built by the renowned Sharpe Builders, offers 2400 sq. ft. of luxurious living space on the main level alone. With 5 bedrooms and 3 bathrooms, including 4 spacious bedrooms on the main floor, this home is perfect for family

House for sale: 38 Grindstone Court, Fredericton

26 photos

$589,900

38 Grindstone Court, Fredericton, New Brunswick E3A 1P9

4 beds
3 baths
2 days

Cliffe Street to Sunny Brae Drive, right onto Hillcrest Drive, right onto Meadow Brook left onto Grindstone Court to civic #38 Discover the charm of this beautifully maintained 4-bed, 3-bath bungalow, nestled on a quiet cul-de-sac in one of Fredericton's most desirable Northside neighborhoods.

Listed by: Nury Franco,Exit Realty Advantage
House for sale: 321 Kimble Drive, Fredericton

50 photos

$759,900

321 Kimble Drive, Fredericton, New Brunswick E3B 6Y5

6 beds
4 baths
2 days

Welcome to an extraordinary residence in the heart of Skyline Acres, one of Frederictons most coveted and conveniently located communities. Perfectly positioned near uptown shopping, dining, parks, and top-tier schools, this expansive executive bungalow seamlessly blends timeless design with

House for sale: 10 B Donovan's Drive, Charters Settlement

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$119,900

10 B Donovan's Drive, Charters Settlement, New Brunswick E3C 1T1

2 beds
1 baths
50 days

From Fredericton: Take highway 101 through New Maryland into Charters Settlement, turn left onto Phillips Rd after the bridge, the driveway is on Phillips Rd on the right hand side, just before Donovan's Dr From Rusagonis: Take the 101 towards New Maryland, turn left on to Phillips, by the

Dana Mercer,Re/max East Coast Elite RealtyListed by: Dana Mercer,Re/max East Coast Elite Realty
House for sale: 42 Loddington Street, New Maryland

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$940,000

42 Loddington Street, New Maryland, New Brunswick E3C 2S4

5 beds
4 baths
22 days

New Maryland Highway to Applewood Acres (Right on MacIntosh), Right on Cortland, Right on Bismark, Keep Left on Gladstone, Sharp Right onto Loddington, civic #42. Welcome to your dream home in highly desirable Applewood Acres, just 5 minutes from uptown Fredericton! This stunning 2-storey residence

Miranda Wallace,Exp RealtyListed by: Miranda Wallace,Exp Realty

Understanding Granny Suites in Fredericton: A Comprehensive Guide

As a licensed Canadian real estate expert, I often encounter inquiries about the potential and practicality of granny suites in Fredericton. These versatile living spaces, also known as in-law suites or accessory dwelling units (ADUs), offer a unique blend of benefits for home buyers, investors, and seasonal cottage seekers. In this article, we will explore the zoning regulations, resale potential, lifestyle appeal, and seasonal market trends associated with granny suites in Fredericton.

Zoning Regulations: What You Need to Know

Before investing in a property with a granny suite, it's crucial to understand the zoning regulations in Fredericton. The city has specific guidelines that dictate where and how these units can be constructed. Generally, granny suites are permitted in residential zones, but it's essential to verify the specific zoning bylaws for your desired area. For instance, some neighborhoods may have restrictions on the size or location of the suite within the property.

For those considering properties in other regions, such as Ontario or London, it's advisable to consult local zoning laws to ensure compliance. Understanding these regulations can prevent potential legal issues and ensure a smooth transaction process.

Resale Potential: A Smart Investment

Granny suites can significantly enhance the resale potential of a property. In Fredericton, homes with these additional living spaces often attract a broader range of buyers, including multi-generational families and investors seeking rental income opportunities. The flexibility of a granny suite can be a major selling point, especially in a competitive market.

Investors looking at properties in areas like North Bay or St. Norbert can also benefit from the increased demand for homes with ADUs. These units not only provide additional living space but also offer the potential for rental income, making them an attractive option for savvy investors.

Lifestyle Appeal: Versatility and Comfort

The lifestyle appeal of granny suites is undeniable. These units offer a versatile living arrangement that can accommodate various needs, from housing elderly family members to providing a private space for guests or even generating rental income. In Fredericton, the demand for such flexible living solutions is on the rise, driven by changing family dynamics and the desire for additional income streams.

For those considering a move to other regions, such as Borden-Carleton or Halifax, the lifestyle benefits of a granny suite remain consistent. These units offer a unique blend of privacy and proximity, making them an ideal choice for families and individuals alike.

Seasonal Market Trends: Timing Your Purchase

Understanding seasonal market trends is crucial for anyone looking to invest in a property with a granny suite. In Fredericton, the real estate market tends to be more active in the spring and summer months, with increased buyer interest and competitive pricing. However, savvy buyers can find excellent deals during the off-peak seasons, such as fall and winter, when there is less competition.

For those exploring options in other areas, such as Havelock, NB or the Bungalow Capital, it's important to monitor local market trends and adjust your buying strategy accordingly. Timing your purchase to align with market fluctuations can result in significant savings and a more favorable investment outcome.