When looking across the province, Lansdowne is the 333th most expensive in Nova Scotia.
In Aug the median listed house price of $225,000 in Lansdowne was an above average compared to the rest of Nova Scotia.
There are 825 neighbourhoods that have more properties on sale than Lansdowne at the moment in Nova Scotia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Is Lansdowne a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Lansdowne, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
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.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Lansdowne 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.
Over the last three months in Lansdowne, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.