When looking across the province, Lower New Cornwall is the 283th most expensive in Nova Scotia.
The median house price listed in Lower New Cornwall this month is $229,500.
According to our stats, Lower New Cornwall 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 Lower New Cornwall for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When we look at the data we have, it can help with trying to establish whether or not Lower New Cornwall is a good investment target.
Over the last three months in Lower New Cornwall, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.