Canada’s national median home listing price this month is $290,900, which means that Lakevale is in the top 40% for Canada.
With Lakevale’s median house price at $304,000 in Aug , it is above average compared to the rest of Nova Scotia.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lakevale for investors, it’s important to look at data like:
Over the last three months in Lakevale, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Can we guarantee how well Lakevale 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.
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 Lakevale have stayed pretty much the same which would tend to indicate that demand is steady.