Maders Cove was Canada’s 273th most expensive suburb by listed median house price this month.
While the median for Nova Scotia is $232,500 , which means that Maders Cove’s median price is $598,000 considerably better than the rest of the province.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Maders Cove will hopefully provide an indicator to help you where to research in-depth
In Maders Cove, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Maders Cove 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.