When looking across the province, Wentzells Lake is the 457th most expensive in Nova Scotia.
With Wentzells Lake’s median house price at $187,200 in Aug , it is about average compared to the rest of Nova Scotia.
According to our stats, Wentzells Lake is the neighbourhood that has the 323th most properties available to real estate investors in Nova Scotia.
Can we guarantee how well Wentzells Lake 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 Wentzells Lake, 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.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Wentzells Lake 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Wentzells Lake there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.