With a median listing price of $249,900, Baddeck is Canada’s 2058th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Baddeck has a median home price of $249,900.
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 Baddeck at the moment in Nova Scotia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Will prices rise across the next year in in Baddeck? There are a number of real estate indicators to consider.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Baddeck have dried up which would tend to indicate that demand is higher than the supply of new properties.
It’s never an exact art, but to try to forecast how property is going to appreciate in Baddeck for investors, it’s important to look at data like:
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.