Across the nation CREW lists data for 5162 neighbourhoods, and this month Tancook Island is number 4615 putting it behind most of Canada .
While the median for Nova Scotia is $232,500 , which means that Tancook Island’s median price is $106,700 a lot lower than the rest of the province.
Nova Scotia has the fifth most amount of properties available to property investors, with Tancook Island having 206th most in the province, out of a total of 825.
It’s never an exact art, but to try to forecast how property is going to appreciate in Tancook Island for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Tancook Island will hopefully provide an indicator to help you where to research in-depth
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.