When looking across the province, New Edinburgh is the 546th most expensive in Nova Scotia.
Want a cheaply priced house? Then at $165,000 this month, New Edinburgh, Nova Scotia is somewhere that you should look at price wise.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then New Edinburgh has more than the average number to choose from compared to the rest of the province
As one of Nova Scotia’s many potential real estate investment neighbourhoods, New Edinburgh 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.
In New Edinburgh, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in New Edinburgh for investors, it’s important to look at data like:
If you are looking at investment properties in New Edinburgh, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.