In May the median listed house price of $209,450 in Tanners Settlement was an above average compared to the rest of Nova Scotia.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
From our data, it appears that neighbourhood is number 4387th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Tanners Settlement 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Will prices rise across the next year in in Tanners Settlement? There are a number of real estate indicators to consider.
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 Tanners Settlement have stayed pretty much the same which would tend to indicate that demand is steady.