Canada’s national median home listing price this month is $310,000, which means that Falkland Ridge is in the cheapest 20% for Canada.
The median house price listed in Falkland Ridge this month is $54,150.
According to our stats, Falkland Ridge is the neighbourhood that has the 521th 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 Falkland Ridge will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Falkland Ridge there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Falkland Ridge 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.
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.