Canada’s national median home listing price this month is $309,000, which means that Thomasville is in the cheapest 20% for Canada.
With Thomasville’s median house price at $75,000 in Sep , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
There are 846 neighbourhoods that have more properties on sale than Thomasville at the moment in Nova Scotia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Thomasville will hopefully provide an indicator to help you where to research in-depth
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.
Is Thomasville a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Thomasville, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.