Upper Port La Tour was Canada’s 3946th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $149,000 in Upper Port La Tour was a below average compared to the rest of Nova Scotia.
From our data, it appears that neighbourhood is number 2904th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
When we look at the data we have, it can help with trying to establish whether or not Upper Port La Tour is a good investment target.
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.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Upper Port La Tour for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Upper Port La Tour there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.