Across the nation CREW lists data for 5207 neighbourhoods, and this month River Denys is number 5022 putting it behind most of Canada .
While the median for Nova Scotia is $239,500 , which means that River Denys’s median price is $74,500 a lot lower than the rest of the province.
Nova Scotia has the fifth most amount of properties available to property investors, with River Denys having 546th most in the province, out of a total of 792.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for River Denys 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 River Denys have stayed pretty much the same which would tend to indicate that demand is steady.
When we look at the data we have, it can help with trying to establish whether or not River Denys is a good investment target.
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.