The median asking price in Mink Cove is $149,000, less than the median three months ago which was $172,000 .
In Aug the median listed house price of $149,000 in Mink Cove was a below average compared to the rest of Nova Scotia.
There are 825 neighbourhoods that have more properties on sale than Mink Cove at the moment in Nova Scotia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Mink Cove 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 Mink Cove, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Is Mink Cove 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 Mink Cove have stayed pretty much the same which would tend to indicate that demand is steady.