Across the nation CREW lists data for 5162 neighbourhoods, and this month Grande Anse is number 4965 putting it behind most of Canada .
While the median for Nova Scotia is $232,500 , which means that Grande Anse’s median price is $78,750 a lot lower than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Grande Anse will hopefully provide an indicator to help you where to research in-depth
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Grande Anse, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
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.
When we look at the data we have, it can help with trying to establish whether or not Grande Anse is a good investment target.
Over the last three months in Grande Anse, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.