Across the country as a whole, South Ohio is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
With South Ohio’s median house price at $109,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then South Ohio has a pretty average amount compared to the rest of the province
As one of Nova Scotia’s many potential real estate investment neighbourhoods, South Ohio 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.
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 South Ohio, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 4, this month we show 4.
Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Over the last three months in South Ohio, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.