Across the country as a whole, Windsor is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $189,900 this month, Windsor, Nova Scotia is a possibility for you price wise.
Nova Scotia has the fifth most amount of properties available to property investors, with Windsor having 23th most in the province, out of a total of 825.
It’s never an exact art, but to try to forecast how property is going to appreciate in Windsor for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Canada’s national median home listing price this month is $244,900, which means that Windsor is in the cheapest 20% for Canada.
With Windsor’s median house price at $148,400 in Aug , it is below average compared to the rest of Nova Scotia.
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.
Nova Scotia has the sixth least amount of properties available to property investors, with Windsor having 21th most in the province, out of a total of 51.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Windsor 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.
Over the last three months in Windsor, housing stock available seems to be falling – this could mean that homes values might increase faster.