When looking across the province, Cornwallis Park is the 782th most expensive in Nova Scotia.
The $85,750 price tag on the median Cornwallis Park home means that it is very cheap in comparison to the rest of the nation.
This month we track 139th neighbourhoods in Nova Scotia, and Cornwallis Park has the 139th most choice available for real estate investors.
Is Cornwallis Park a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Cornwallis Park, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
When we look at the data we have, it can help with trying to establish whether or not Cornwallis Park is a good investment target.
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.