Sunnybrook was Canada’s 2194th most expensive suburb by listed median house price this month.
The $249,000 price tag on the median Sunnybrook home means that it is about average price.
From our data, it appears that neighbourhood is number 3463th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Sunnybrook 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 stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Will prices rise across the next year in in Sunnybrook? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.