When looking across the province, Lower Rose Bay is the 144th most expensive in Nova Scotia.
With Lower Rose Bay’s median house price at $299,000 in May , it is high priced compared to the rest of Nova Scotia.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
The number of homes for sale this month in the neighbourhood has increased substantially at 750 in May .
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Lower Rose Bay 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Lower Rose Bay have increased which would tend to indicate that demand is not as high as supply.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
If you are looking at investment properties in Lower Rose Bay, 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.