The $419,500 price tag on the median Arlington home means that it is quite highly priced by Canadian standards.
This month we track 587th neighbourhoods in Nova Scotia, and Arlington has the 587th most choice available for real estate investors.
Will prices rise across the next year in in Arlington? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Arlington needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
If you are looking at investment properties in Arlington, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.