Hebbville was Canada’s 1671th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $282,400 in Hebbville was an above average compared to the rest of Nova Scotia.
Nova Scotia has the fifth most amount of properties available to property investors, with Hebbville having 323th most in the province, out of a total of 825.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Hebbville 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Hebbville there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Can we guarantee how well Hebbville 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.