Across the nation CREW lists data for 5162 neighbourhoods, and this month Timberlea is number 1766 putting it in the top half of the country .
Want a cheaply priced house? Then at $274,900 this month, Timberlea, Nova Scotia is probably not for you price wise.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Timberlea has a huge choice compared to the rest of the province
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Timberlea 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 Timberlea, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 103, this month we show 68.
Can we guarantee how well Timberlea is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Over the last three months in Timberlea, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.