Canada’s national median home listing price this month is $319,000, which means that Middle Musquodoboit is in the bottom 40% for Canada.
While the median for Nova Scotia is $234,900 , which means that Middle Musquodoboit’s median price is $172,000 below average than the rest of the province.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 2457th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Middle Musquodoboit 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.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Is Middle Musquodoboit a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Middle Musquodoboit have stayed pretty much the same which would tend to indicate that demand is steady.