The $131,450 price tag on the median Whites Corner home means that it is very cheap in comparison to the rest of the nation.
There are 197 neighbourhoods that have more properties on sale than Whites Corner at the moment in Nova Scotia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Whites Corner is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Whites Corner there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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.
Is Whites Corner a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Whites Corner, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.