When looking across the province, Duncans Cove is the 9th most expensive in Nova Scotia.
When our research team crunched the numbers we calculated that Duncans Cove has a median home price of $487,400.
There are 300 neighbourhoods that have more properties on sale than Duncans Cove at the moment in Nova Scotia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Duncans Cove will hopefully provide an indicator to help you where to research in-depth
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.
Is Duncans Cove a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.