Lake Pleasant was Canada’s 3772th most expensive suburb by listed median house price this month.
In Jan the median listed house price of $130,000 in Lake Pleasant was relatively low compared to the rest of Nova Scotia.
From our data, it appears that neighbourhood is number 3815th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Lake Pleasant 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 Lake Pleasant, 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.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lake Pleasant for investors, it’s important to look at data like:
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.