Across the country as a whole, Fauxburg is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Fauxburg’s median house price at $138,500 in Aug , it is below average compared to the rest of Nova Scotia.
Across Nova Scotia Fauxburg has the 417th most properties on offer with 825.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Fauxburg 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.
If you are looking at investment properties in Fauxburg, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Fauxburg is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
In Fauxburg, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.