Lorneville was Canada’s 2740th most expensive suburb by listed median house price this month.
The median house price listed in Lorneville this month is $215,700.
According to our stats, Lorneville is the neighbourhood that has the 548th most properties available to real estate investors in Nova Scotia.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lorneville 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.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Lorneville 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.