Across the nation CREW lists data for 5162 neighbourhoods, and this month Upper Vaughan is number 4427 putting it behind most of Canada .
With Upper Vaughan’s median house price at $120,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Nova Scotia.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
According to our stats, Upper Vaughan is the neighbourhood that has the 417th most properties available to real estate investors in Nova Scotia.
Is Upper Vaughan a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Upper Vaughan, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
It’s never an exact art, but to try to forecast how property is going to appreciate in Upper Vaughan for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Upper Vaughan there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.