The $85,000 price tag on the median Larrys River home means that it is very cheap in comparison to the rest of the nation.
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 825 neighbourhoods that have more properties on sale than Larrys River at the moment in Nova Scotia which puts the neighbourhood middle range when looking at the number of properties to choose from.
Will prices rise across the next year in in Larrys River? There are a number of real estate indicators to consider.
Over the last three months in Larrys River, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Larrys River will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Larrys River, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.