When looking across the province, Caledonia is the 727th most expensive in Nova Scotia.
The $109,900 price tag on the median Caledonia home means that it is very cheap in comparison to the rest of the nation.
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.
According to our stats, Caledonia is the neighbourhood that has the 417th most properties available to real estate investors in Nova Scotia.
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 increased it looks like housing market forces in neighbourhood are likely to drive prices down.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Caledonia 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.