Big Harbour was Canada’s 1065th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $348,500 this month, Big Harbour, Nova Scotia is definitely not for you price wise.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Big Harbour has fewer than average compared to the rest of the province
Is Big Harbour a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Big Harbour, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Big Harbour 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.
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 Big Harbour have stayed pretty much the same which would tend to indicate that demand is steady.