Avonport was Canada’s 3364th most expensive suburb by listed median house price this month.
While the median for Nova Scotia is $232,500 , which means that Avonport’s median price is $176,900 below average than the rest of the province.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Avonport 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.
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.
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.
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.