Canada’s national median home listing price this month is $290,900, which means that Pictou Island is close to average for Canada.
When our research team crunched the numbers we calculated that Pictou Island has a median home price of $244,450.
Nova Scotia has the fifth most amount of properties available to property investors, with Pictou Island having 587th most in the province, out of a total of 825.
Can we guarantee how well Pictou Island 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.
Over the last three months in Pictou Island, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Pictou Island will hopefully provide an indicator to help you where to research in-depth