Across the country as a whole, Noel is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Noel this month is $118,000.
According to our stats, Noel is the neighbourhood that has the 417th most properties available to real estate investors in Nova Scotia.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Noel will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Noel, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Noel 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.
If you are looking at investment properties in Noel, 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.