Sandy MacKay, a top local realtor from the Hamilton area, says that investors should be paying attention to the city as it has a lot to offer.
East Lawrencetown Home Price
Across the country as a whole, East Lawrencetown is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in East Lawrencetown this month is $279,000.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
According to our stats, East Lawrencetown is the neighbourhood that has the 206th most properties available to real estate investors in Nova Scotia.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, East Lawrencetown 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.
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.
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 East Lawrencetown will hopefully provide an indicator to help you where to research in-depth
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