Canada’s national median home listing price this month is $290,900, which means that Mabou is in the bottom 40% for Canada.
In Aug the median listed house price of $169,000 in Mabou was a below average compared to the rest of Nova Scotia.
There are 825 neighbourhoods that have more properties on sale than Mabou at the moment in Nova Scotia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Mabou for investors, it’s important to look at data like:
Over the last three months in Mabou, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.