Grand Lake was Canada’s 925th most expensive suburb by listed median house price this month.
The $369,000 price tag on the median Grand Lake home means that it is quite highly priced by Canadian standards.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Grand Lake has a huge choice compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Grand Lake will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Grand Lake have increased which would tend to indicate that demand is not as high as supply.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Over the last three months in Grand Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.