When looking across the province, Westphal is the 329th most expensive in Nova Scotia.
The median house price listed in Westphal this month is $228,200.
According to our stats, Westphal is the neighbourhood that has the 158th most properties available to real estate investors in Nova Scotia.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Westphal 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 Westphal there is more stock than three months ago. This would indicate pressure on prices easing.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Westphal will hopefully provide an indicator to help you where to research in-depth
In Westphal, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.