Top Home Renovations That Add Value in 2026: What New Brunswick Homeowners Should Focus On

How to Retire with Real Estate Investing in Greater Moncton

How real estate can help you retire comfortably

For many Canadians, especially those living in Greater Moncton, real estate investing is one of the most dependable ways to build long-term wealth and retire earlier than expected. You do not need multiple apartment buildings or a portfolio of twenty properties. For many people, one well-purchased duplex is enough to start a retirement plan that grows on its own over time.

Real estate offers several unique advantages that make it ideal for retirement planning. Your tenants pay down your mortgage, your property increases in value, rents rise gradually, and the asset becomes more profitable the longer you hold it. With the right strategy, even a single investment property can generate meaningful passive income that supplements or even replaces traditional retirement savings.

Why real estate is such a powerful retirement tool

Real estate has four main wealth-building components that work together over time.

Monthly cash flow

Your tenants cover your mortgage, taxes, insurance, and operating expenses. If purchased correctly, a duplex can generate profit from day one or break even while still building long-term wealth.

Mortgage paydown

Every mortgage payment reduces your loan balance. Even if cash flow is modest in the early years, equity is building behind the scenes.

Appreciation

Home values in New Brunswick have shown steady growth. Even slow appreciation becomes powerful when combined with mortgage paydown.

Tax advantages

Real estate provides access to write-offs, deductions, and different tax strategies that help you keep more of your investment returns.

A real example of retirement with a duplex

Here is a simple, realistic example of how someone in Greater Moncton could retire using one investment property. We will use a common scenario: purchasing a $350,000 duplex with 20 percent down.

Purchase price: $350,000
Down payment (20 percent): $70,000
Mortgage amount: $280,000
Example interest rate: 5.5 percent
Amortization: 25 years

Monthly mortgage payment

At 5.5 percent over 25 years, the approximate payment is $1,708 per month.

Typical duplex rents in Greater Moncton (2025)

Unit 1: $1,500
Unit 2: $1,500
Total income: $3,000 per month

Estimated expenses

Mortgage: $1,708
Property taxes: approximately $300 per month
Insurance: approximately $120 per month
Maintenance and repairs: approximately $150 per month
Vacancy allowance: approximately $100 per month
Total expenses: $2,378

Net monthly cash flow

$3,000 minus $2,378 equals approximately $622 per month
That is more than $7,400 per year in profit, from just one property.

And this is only year one.

What retirement looks like 25 years later

If you never refinance, never renovate, and never attempt to scale aggressively, you still end up with three major benefits at the end of your mortgage.

A fully paid-off duplex

After 25 years, the mortgage is gone. You now hold an asset that generates income with far lower costs.

Cash flow that increases over time

Rents historically rise faster than property expenses. With just a conservative two percent rent increase per year, total rents could rise from $3,000 to more than $4,900 per month after 25 years.

Even after increased expenses, many duplexes will generate between $2,000 and $2,500+ per month in net income during retirement. That is $24,000 to $30,000 per year from one property.

Long-term appreciation

Appreciation significantly increases your net worth over time.

At two percent annual appreciation, the property would grow from $350,000 to approximately $573,000.
At three percent, it grows to approximately $731,000.

Your original $70,000 investment turns into a paid-off asset worth more than half a million dollars, plus ongoing monthly income.

How to retire faster with multiple properties

Most people who build wealth with real estate eventually purchase more than one duplex. You do not need to buy them all at once. Even one property every three to five years can dramatically accelerate your retirement timeline.

One duplex: $24,000 to $30,000 per year income
Two duplexes: $48,000 to $60,000 per year income
Three duplexes: $72,000 to $90,000 per year income

At this level, many people can retire comfortably without depending entirely on RRSPs, pensions, or government programs.

Refinancing to accelerate your portfolio growth

After five to ten years, you can often refinance a property because:

The mortgage balance has decreased
The value has increased
Rents have gone up

This allows you to pull out equity to fund the down payment for your next property. Many investors grow their portfolio using this method without having to save new down payments out of pocket.

How house hacking speeds up retirement

House hacking simply means living in one unit of a duplex while renting the other. This is extremely common in Moncton, Dieppe, and Riverview, where duplexes and multi-units are popular.

Benefits include:

Lower personal housing costs
Easier mortgage approval
Faster savings for a second investment property
Hands-on learning in property management

This approach helps many first-time investors accelerate their journey to retirement.

Conclusion: Real estate remains one of the most reliable retirement strategies in Greater Moncton

You do not need a large portfolio or a high income to retire with real estate. You simply need time, patience, and one smart purchase. A $350,000 duplex can:

Pay for itself over 25 years
Grow in value
Generate thousands per month in long-term income
Provide financial security for life

Real estate is predictable and stable, especially in markets like Moncton, Dieppe, Riverview, Shediac, Cocagne, and Bouctouche. Whether you are looking for your first investment property or wanting help running the numbers, I would be happy to guide you through the process as your trusted Realtor in Moncton.

To explore investment opportunities or to see the newest house for sale Moncton listings, visit homesforsalemoncton.ca today.

7 Cities to Visit in New Brunswick

New Brunswick has quickly become one of Canada’s most desirable provinces for those seeking affordability, safety, natural beauty, and a strong sense of community. Whether you’re planning a relocation or simply exploring your options, visiting different regions is one of the best ways to get a true feel for what life here is really like.

Here are seven cities and towns to visit in New Brunswick — each offering its own charm, lifestyle, and opportunities for future homeowners.

Shediac

Shediac is known as the Lobster Capital of the World, but what truly draws people in is Parlee Beach — one of the warmest saltwater beaches north of Virginia. During the summer, the town comes alive with events, markets, and oceanfront activities. Shediac offers a relaxed coastal lifestyle with growing residential development, making it an ideal community for those dreaming of beachside living.

Parlee Beach, Pointe-du-Chêne Wharf, the Marina, and nearby walking trails create a lifestyle that feels like a vacation all season long. Many visiting families decide to relocate here for the slower pace, fresh seafood, and strong bilingual community.

Moncton

Moncton is one of the fastest-growing cities in Atlantic Canada and a major economic hub. Visitors love attractions like Magnetic Hill, the Boardwalk, the Moncton Market, and the downtown restaurant scene. But for those considering a move, what really stands out is the balance between affordability and opportunity.

The city has excellent schools, healthcare access, job growth, and quick commutes, with new neighbourhoods expanding rapidly in Moncton North and the surrounding communities. Whether you're looking for family-friendly suburbs or a lively urban centre, Moncton offers a little bit of everything.

Alma

If you want a taste of New Brunswick’s world-class nature, Alma is the gateway to both Fundy National Park and the famous Hopewell Rocks. Endless hiking trails, breathtaking cliffs, and the highest tides in the world make this region a paradise for outdoor enthusiasts.

Alma’s small-town charm, ocean-front dining, and peaceful atmosphere appeal to those dreaming of a lifestyle rooted in nature. Many future buyers visit Alma to imagine a retirement home, a cottage, or a quiet place to escape the busier provinces.

Acadian Peninsula

The Acadian Peninsula is rich in culture, tradition, and coastal beauty. It’s home to historic attractions like the Village Historique Acadien, wide sandy beaches, and one of the biggest celebrations in the province — the August 15th National Acadian Day.

The region is known for its warm people, local festivals, seafood, and strong pride in French-Acadian heritage. Towns across the Peninsula offer some of the most affordable real estate in the province, making it especially appealing for buyers relocating from Ontario or Western Canada.

Grand Manan

Grand Manan offers a lifestyle unlike anywhere else. This stunning island sits in the Bay of Fundy and is often ranked among the most beautiful islands in the world. Visitors enjoy whale watching, cliffside views, lighthouses, and peaceful fishing villages.

Many who fall in love with Grand Manan appreciate its tranquility, tight-knit community, and slower rhythm of life. It isn’t for everyone — but for the right buyer, the island becomes home the moment they step off the ferry.

Saint Andrews

Saint Andrews by-the-Sea is one of the most charming resort towns in Canada. Its waterfront, historic architecture, boutiques, Kingsbrae Garden, and famous Algonquin Resort make it a favourite for travelers and retirees alike.

People considering a move to New Brunswick often visit Saint Andrews to explore its luxury oceanfront properties, quiet lifestyle, and vibrant seasonal community. It offers a blend of small-town comfort and upscale coastal living that is hard to find anywhere else in Atlantic Canada.

Why Visiting These Cities Helps Future New Brunswick Homebuyers

Before making a big relocation decision, spending time in different communities gives you a clearer idea of the lifestyle that fits you best. New Brunswick has incredible variety — from quiet fishing islands to bustling urban centres — and each region offers something unique.

Here’s what many soon-to-be residents look for when they visit:

1. Cost of living and home prices

2. Community atmosphere and culture

3. Accessibility to beaches, parks, and attractions

4. Job opportunities and local amenities

5. Schools, healthcare, and family-friendly areas

6. Bilingual regions for those who value French and English communities

7. Long-term growth and investment potential

Whether you prefer a beach town like Shediac, a vibrant city like Moncton, or a coastal retreat like Saint Andrews, exploring these destinations will help you choose where you truly feel at home.

New Brunswick remains one of the most welcoming and rapidly growing provinces in Canada — and these seven cities are perfect places to start your journey.

If you’re thinking about relocating to New Brunswick and want help exploring neighbourhoods, understanding pricing, or finding homes that match your lifestyle, visit homesforsalemoncton.ca anytime. I’d be happy to guide you.

20 Things I wish I Knew Before Buying my First Investment Property 

As a Realtor of four years and someone who previously managed more than 200 rental units, I thought I had seen it all. But buying my own mixed-use investment property opened my eyes to an entirely different reality. The surprises, setbacks, wins, and lessons were far beyond what any course or job could have prepared me for.

If you’re considering buying an investment property in New Brunswick, especially a multi-unit or mixed-use building, here are 20 things I wish I knew before starting the journey.

The down payment is not always 20 percent

For years, clients asked me about down payments, and I confidently explained the rules for residential homes. But commercial and mixed-use financing is a different world. Some banks wanted 20 percent, others demanded 35 percent strictly because the property had both commercial and residential components. The difference can mean tens of thousands of dollars more than you expect. Always speak to several lenders early.

You can use a line of credit as a down payment

This shocked me. For commercial deals, lenders are often more flexible with creative financing. Using a HELOC or personal line of credit as a down payment isn’t unusual. The loan still needs to make sense financially, but knowing this option exists can unlock opportunities you thought were out of reach.

Commercial appraisals cost far more than residential

A typical home appraisal is often arranged and paid by your lender, but commercial appraisals are not included. Mine cost more than $3,500 plus tax, and the timeline was longer. Budget for this early so you aren’t scrambling when the bank suddenly requests it.

Inspection costs rise quickly with multi-units

A six-unit building doesn’t simply mean one inspection. It means six units, a roof, foundation, electrical, plumbing, and often a commercial space with its own requirements. This was one of the largest upfront expenses, but also one of the most important.

The process is significantly longer

This deal started in June and closed on Christmas Eve. Six months of back-and-forth, paperwork, bank requests, and delays. Because the rents were six years behind market value, we had to get signed rent increases, new leases, and proof of income before the bank would finalize the deposit amount. We didn’t even have the money secured yet. Nothing about commercial deals is fast.

You can buy without using much of your own money

This is where creativity matters. I found a partner who had equity in his home. The bank approved a HELOC, which then served as the down-payment funds. The money came from the line of credit, and that was enough to satisfy financing. High interest, yes, but it allowed us to structure the deal with almost no personal cash.

Insurance issues can delay or complicate closings

Two weeks before closing, the property suffered $20,000 worth of water damage from a pipe burst. The insurance claim could not be transferred to us as buyers. My lawyer held back $20,000 in trust to protect us. The seller had to make arrangements with insurance, and once the payout came, we chose to take the funds and manage the repairs ourselves. A stressful situation, but it worked out because proper legal protection was in place.

Small communities talk more than you think

The building is between Shediac and Cap-Pelé. Somehow, without ever posting a single ad, people found out the property was sold and began knocking on the door asking if I had units available. Rural demand is strong, and word of mouth spreads faster than any listing.

Stay on top of rental laws or you could lose financing

I had to submit rent increases before the province announced the 3 percent cap for the coming year. If the effective dates had fallen under the new rules, the bank would not have accepted the projected rental income. The seller had not raised rents since 2015, and we needed increases far above 3 percent for the numbers to qualify. Timing matters more than you think.

Tenant screening is everything

Once you take over a building, the tenants become your business partners. Their reliability directly affects your cashflow, your sleep, and your long-term success. Meeting them, understanding their payment history, and setting expectations early was one of the most valuable steps I took.

Unexpected repairs appear almost instantly

Even if the inspection goes smoothly, multi-units come with surprises. Small fixes, safety updates, electrical upgrades, plumbing issues — they add up. Have a contingency fund ready, because the building doesn’t wait for you to gather funds.

Rents behind market value can be both an opportunity and a challenge

This was the biggest value-add in my purchase. But with low rents comes risk: banks may not approve the cashflow, tenants may resist changes, and renovations may be needed before increases make sense.

Partnerships require total transparency

Buying with a partner worked wonderfully for us, but only because expectations, roles, exit strategies, and financial responsibilities were all discussed up front. Never assume. Put everything in writing.

Management experience helps, but ownership feels different

Managing 200 units taught me systems. Owning six units taught me responsibility. When the building is yours, every issue hits closer to home. It’s stressful, but also incredibly empowering.

Vacancy in rural areas can be surprisingly low

Because many areas around Shediac and Cap-Pelé lack rental supply, units fill quickly — sometimes before they are even advertised. This reduces risk, but also means you must be prepared to turn units fast.

Commercial lenders look at the building first, you second

Residential financing focuses on your income. Commercial financing focuses on the property’s income. If the numbers don’t work, nothing else matters.

Renovation plans must consider tenant timelines

You cannot simply renovate whenever you want. You must respect notices, leases, and realistic turnover periods. A two-month renovation plan can quickly turn into six months.

Legal fees are higher

Commercial real estate comes with more paperwork, negotiations, and protection clauses. Expect higher fees than your typical home purchase.

Always visit multiple buildings, even if you think you’ve found “the one”

You learn something from every showing. Cap rates, layouts, rents, tenant demographics, condition patterns — every building sharpens your instincts.

The satisfaction is worth the stress

Owning an investment property is not passive at first. But the financial growth, experience, tax benefits, and long-term security make the journey worthwhile.

Conclusion

If you're considering an investment property in New Brunswick and want guidance from someone who has lived through the process from every angle — Realtor, property manager, and now investor — I’m here to help. Visit https://www.homesforsalemoncton.ca to start exploring opportunities or reach out with your questions anytime.

5 Reasons Why You Should Move to Moncton, New Brunswick

Why Moncton Is One of the Best Places to Live in Atlantic Canada

Moncton, New Brunswick, is often called the “Hub City” for good reason. It’s a thriving, centrally located community offering exceptional quality of life, strong economic growth, and affordability that’s becoming rare across Canada. Whether you’re a young professional, a growing family, or a retiree seeking a balanced lifestyle, Moncton offers the ideal mix of opportunity, comfort, and community.

Affordable Cost of Living

Moncton consistently ranks as one of Canada’s most affordable cities. The cost of housing, utilities, and day-to-day living is significantly lower than in major urban centres like Toronto or Vancouver. Homebuyers can still find spacious single-family homes or modern condos at a fraction of big-city prices. Lower property taxes, affordable groceries, and reasonable transportation costs make it possible to live well without financial strain.

For those relocating from other provinces, Moncton offers an incredible chance to own a home and build wealth. Many newcomers find that what would be a small apartment elsewhere can become a full family home in Moncton — often with a yard and space to grow.

Strong Job Market and Economic Growth

Moncton’s diverse economy is one of the strongest in Atlantic Canada. As the region’s business and transportation hub, the city benefits from industries such as logistics, education, healthcare, and technology. Companies are drawn by Moncton’s bilingual workforce, affordable commercial space, and excellent infrastructure.

The Greater Moncton area also has a growing number of start-ups and small businesses, making it an attractive destination for entrepreneurs. With major employers in both the public and private sectors, including hospitals, call centres, universities, and logistics firms, Moncton continues to offer career stability and growth opportunities for all skill levels.

Central Location and Easy Access

Strategically located in southeastern New Brunswick, Moncton provides easy access to major Maritime destinations. The city is within two hours of Halifax, Fredericton, and Prince Edward Island, making weekend getaways convenient. Moncton’s central position is also why it’s known as the “Hub City” — connecting people, goods, and opportunities throughout the region.

The Greater Moncton Roméo LeBlanc International Airport offers direct flights to major Canadian cities, as well as seasonal destinations abroad. The Trans-Canada Highway makes commuting and travel seamless, while nearby beaches, trails, and national parks put adventure right at your doorstep.

Family-Friendly Lifestyle

Moncton is widely recognized as one of the most family-friendly cities in Canada. The community is welcoming, safe, and filled with activities for children and adults alike. Top-rated schools, bilingual education options, playgrounds, and recreational programs make it easy for families to thrive.

Residents enjoy a perfect balance between city convenience and a slower, more relaxed pace of life. Weekends often include visits to Centennial Park, trips to the Magnetic Hill Zoo, or outdoor festivals and markets that bring neighbours together. For those seeking a place to raise children or settle into a quieter lifestyle, Moncton checks every box.

Vibrant Culture and Natural Beauty

Moncton is more than just a growing city — it’s a community rich in culture and natural wonder. The tidal phenomenon of the Bay of Fundy is one of the most famous natural attractions nearby, and outdoor enthusiasts love the proximity to beaches, hiking trails, and parks.

The city’s arts and entertainment scene continues to flourish with local galleries, theatres, and live music venues. Annual events like the Atlantic Nationals Car Show, Frye Festival, and Ribfest showcase Moncton’s dynamic community spirit. Local restaurants and farmers’ markets highlight New Brunswick’s best food, and the revitalized downtown core offers a walkable, vibrant lifestyle that appeals to all generations.

Moncton’s cultural diversity also shines through its bilingual heritage. French and English are both widely spoken, creating an inclusive environment that celebrates connection and cooperation.

Why More Canadians Are Moving to Moncton

Over the past decade, Moncton has attracted thousands of newcomers from across Canada and beyond. Affordable real estate, strong employment prospects, and a warm sense of community make it an ideal place to plant roots. Whether you’re seeking new business opportunities, a safe place to raise a family, or a comfortable spot to retire, Moncton’s welcoming atmosphere makes it feel like home from day one.

The city’s balance of affordability, accessibility, and quality of life is unmatched in Atlantic Canada — and with ongoing investments in infrastructure, housing, and local amenities, Moncton’s future looks even brighter.

Conclusion: Make Your Move to Moncton Today

If you’ve been considering a move to a city where your lifestyle and budget align perfectly, Moncton is the answer. With its affordable cost of living, expanding economy, and friendly community, it’s easy to see why so many people are choosing to call Moncton home.

Start exploring homes for sale and discover why Moncton continues to be one of Canada’s best places to live at https://homesforsalemoncton.ca

Understanding August 2025 Home Sales in South-East New Brunswick

The South-East New Brunswick real estate market shifted notably in August 2025. Residential sales totaled 328 properties, down 16% compared to August 2024. Year-to-date, sales reached 2,656 units, representing a modest 3% decline with 92 fewer transactions than last year.

Sales Volume and Market Value Trends

From a dollar-volume perspective, results were mixed. The total value of sales in August dropped 6% year-over-year. However, cumulative sales for 2025 remain 3% ahead of 2024, reaching $939.5 million compared to $920.3 million last year. This shows that while activity cooled in August, stronger price points earlier in the year helped support overall market value.

Average Home Price in South-East New Brunswick

The average home price in August 2025 settled at $395,251, a decline of nearly $21,000 compared to July. Despite this monthly dip, homes continue to move at a healthy pace, with the average days on market at 55. This suggests that while prices are adjusting, demand remains steady.

Rising Inventory and New Listings

Inventory levels in South-East New Brunswick climbed further in August. At month’s end, there were 2,421 active listings, up 174 from July. New supply is also entering the market more quickly. A total of 552 new listings were added in August, up 9% compared to the same month last year. Year-to-date, new listings have increased 8%, with 4,991 properties hitting the market, 363 more than in 2024.

Balanced Market Conditions Emerging

This increase in supply combined with moderating demand has rebalanced the market. The sales-to-new-listings ratio fell to 65% in August, down 21 percentage points from a year earlier. This confirms a shift away from the overheated conditions of past years toward a more balanced environment where both buyers and sellers can benefit.

What This Means for Buyers and Sellers

For buyers, higher inventory levels and more choice create opportunities for negotiation and better value. Sellers, on the other hand, should consider strategic pricing and presentation, as competition has increased and buyers are becoming more selective.

Looking Ahead to the Fall Market

If current trends continue, the fall 2025 real estate market in South-East New Brunswick may offer more opportunities for buyers while encouraging sellers to adjust expectations. With steady demand, rising supply, and balanced conditions, the months ahead could benefit both sides depending on how they position themselves.

For the latest listings, home valuations, and expert guidance in Dieppe, Moncton, Riverview, and surrounding areas, visit homesforsalemoncton.ca today.

Everything You Need to Know Before Buying a House in Dieppe, NB

Understanding the Dieppe Real Estate Market

Before purchasing property in Dieppe, it is important to understand the local real estate landscape. Dieppe blends suburban comfort with urban convenience, making it one of the most desirable places to live in Southeast New Brunswick. Families, professionals, and retirees are drawn to its safe neighbourhoods, thriving economy, and proximity to Moncton.

Market conditions in Dieppe can shift throughout the year. By tracking average home prices, sales trends, and inventory levels, you can make a more informed decision and position yourself strategically as a buyer.

Choosing the Right Neighbourhood in Dieppe

Dieppe is home to a variety of neighbourhoods, each with unique characteristics. Some areas are family oriented with schools and parks nearby, while others offer modern townhouses close to shopping centres and restaurants.

When deciding where to buy a home in Dieppe, consider the following:

1. Proximity to schools, daycares, and medical services

2. Access to public transit and major highways

3. Distance to Champlain Mall and downtown Moncton

4. Lifestyle needs such as green space, quiet streets, or walkability

For context, Champlain Mall is only about 5 km, or a 7 minute drive, from Greater Moncton Roméo LeBlanc International Airport (YQM). This highlights how well connected Dieppe is for both travel and shopping convenience.

Finding Houses for Sale in Dieppe That Fit Your Needs

When browsing homes for sale in Dieppe, focus on features that match your lifestyle. Consider the number of bedrooms and bathrooms you need, lot size, garage or basement options, and whether you prefer modern builds or more traditional homes.

A local Realtor familiar with Dieppe property listings can help you identify the best opportunities, negotiate effectively, and guide you confidently through the buying process.

Financing Options in New Brunswick

Securing financing is one of the most important steps in buying a house in Dieppe. Options include traditional mortgages from Canadian banks and credit unions, first time homebuyer incentives offered by both federal and provincial programs, and pre approval services that establish your buying power.

By getting pre approved for a mortgage in New Brunswick, you will have a clearer budget and a stronger position when making an offer.

Home Inspections and Legal Considerations

A professional home inspection is essential before closing on any property in Dieppe. It can uncover structural issues, outdated electrical systems, or hidden repair needs that may affect your decision.

It is also important to understand the legal process in New Brunswick. This includes offer conditions, closing costs, and title transfer. Working with an experienced real estate lawyer in Dieppe ensures your interests are fully protected.

Future Growth and Investment Potential in Dieppe
Dieppe is one of the fastest growing communities in New Brunswick. With ongoing infrastructure improvements, new housing developments, and business expansions, property values show strong long term potential.

Planned projects such as school expansions, park upgrades, and commercial growth near Champlain Mall highlight the city’s investment appeal and provide opportunities for future homeowners.

Negotiating and Closing the Deal

Once you have found the right home in Dieppe, negotiation becomes the next step. To increase your chances of success, stay informed about local housing market trends, have your financing pre approval ready, and work closely with your Realtor to develop effective strategies.

After agreeing on a purchase price, be prepared for closing costs, legal paperwork, and the final steps before you officially become a homeowner.

Living in Dieppe: Community and Lifestyle

Beyond real estate, living in Dieppe means enjoying a vibrant community. The city offers cultural events and festivals at Place 1604 and CCNB Dieppe, outdoor recreation at Rotary Park and the Dieppe Aquatic Centre, convenient shopping at Champlain Mall, and quick access to YQM airport.

Dieppe also features a growing network of trails, local businesses, and community programs. It provides the perfect balance of modern conveniences, cultural vibrancy, and small town charm.

Final Thoughts
If you are considering buying a home in Dieppe, NB, understanding the real estate market, neighbourhood options, and financing choices will set you up for success. With steady growth, increased housing inventory, and a welcoming community, Dieppe is a fantastic place to call home.

For the latest Dieppe real estate listings and personalized guidance, visit homesforsalemoncton.ca today and start your journey toward homeownership in Dieppe.