Across the nation CREW lists data for 5162 neighbourhoods, and this month Lakeview is number 1591 putting it in the top half of the country .
With Lakeview’s median house price at $289,000 in Aug , it is above average compared to the rest of Nova Scotia.
There are 825 neighbourhoods that have more properties on sale than Lakeview at the moment in Nova Scotia which puts the neighbourhood top 40% when looking at the number of properties to choose from.
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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Lakeview 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 Lakeview, 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.