Across the nation CREW lists data for 5162 neighbourhoods, and this month Port Wade is number 4733 putting it behind most of Canada .
The $98,500 price tag on the median Port Wade home means that it is very cheap in comparison to the rest of the nation.
According to our stats, Port Wade 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 Port Wade will hopefully provide an indicator to help you where to research in-depth
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 Port Wade have dried up which would tend to indicate that demand is higher than the supply of new properties.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Port Wade 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.