Waterville was Canada’s 3874th most expensive suburb by listed median house price this month.
While the median for Nova Scotia is $232,500 , which means that Waterville’s median price is $149,900 a lot lower than the rest of the province.
This month we track 121th neighbourhoods in Nova Scotia, and Waterville has the 121th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Waterville for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on 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.
Can we guarantee how well Waterville 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.
If you are looking at investment properties in Waterville, 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.