With Barrachois’s median house price at $209,000 in Sep , it is above average compared to the rest of Nova Scotia.
Across Nova Scotia Barrachois has the 610th most properties on offer with 846.
Can we guarantee how well Barrachois 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Barrachois 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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Barrachois will hopefully provide an indicator to help you where to research in-depth
In Barrachois, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.