Central Chebogue was Canada’s 4270th most expensive suburb by listed median house price this month.
While the median for Nova Scotia is $234,900 , which means that Central Chebogue’s median price is $136,750 a lot lower than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in May this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Central Chebogue is the neighbourhood that has the 287th most properties available to real estate investors in Nova Scotia.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Central Chebogue will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Central Chebogue, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Central Chebogue 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Central Chebogue there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.