In Aug the median listed house price of $344,000 in Cape Forchu was an impressive compared to the rest of Nova Scotia.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cape Forchu has fewer than average compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Cape Forchu is a good investment target.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cape Forchu will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Cape Forchu, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.