Want a cheaply priced house? Then at $594,900 this month, Ashdale, Nova Scotia is definitely not for you price wise.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are 825 neighbourhoods that have more properties on sale than Ashdale at the moment in Nova Scotia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Ashdale will hopefully provide an indicator to help you where to research in-depth
In Ashdale, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.