Want a cheaply priced house? Then at $99,900 this month, Phinneys Cove, Nova Scotia do not consider price wise.
Nova Scotia has the fifth most amount of properties available to property investors, with Phinneys Cove having 402th most in the province, out of a total of 835.
It’s never an exact art, but to try to forecast how property is going to appreciate in Phinneys Cove for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Phinneys Cove, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 3.
Can we guarantee how well Phinneys Cove is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Phinneys Cove, 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.