Across the country as a whole, Bigney is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $87,450 price tag on the median Bigney home means that it is very cheap in comparison to the rest of the nation.
This month we track 587th neighbourhoods in Nova Scotia, and Bigney has the 587th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Bigney is a good investment target.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Will prices rise across the next year in in Bigney? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bigney there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.