Across the country as a whole, Cleveland is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Nova Scotia is $229,900 , which means that Cleveland’s median price is $94,900 a lot lower than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
This month we track 438th neighbourhoods in Nova Scotia, and Cleveland has the 438th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Cleveland 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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cleveland will hopefully provide an indicator to help you where to research in-depth