Williamswood, Nova Scotia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Williamswood, Nova Scotia
The real estate market in Williamswood, Nova Scotia is currently experiencing moderate growth. With a median house price sitting at $500,000, the market has seen a year-over-year increase of 3.5%. This steady growth rate indicates a healthy demand for housing in the area, reflecting both local and possibly external interest in Williamswood’s residential properties.
Similarly, the median apartment price is currently at $300,000, with a slightly lower year-over-year growth of 2.1%. This smaller increase suggests that apartments are a more stable but slowly growing investment, potentially attracting buyers looking for long-term value retention.
The population of Williamswood stands at 15,000 people, which has grown by 7.1%. This significant growth points to an increasing demand for housing and can be correlated with the positive price trends observed in both houses and apartments.
Investment Opportunities and Potential in Williamswood
The ongoing price appreciation coupled with robust population growth presents numerous opportunities for investors. The current trajectory indicates that investing in Williamswood’s housing market could yield positive returns, particularly for those interested in buying single-family homes. Given the higher percentage increase in house prices compared to apartments, single-family homes may offer better capital gains potential over time.
Apartments, on the other hand, present a more affordable entry point into the real estate market and may be particularly appealing for investors focused on rental income. As the population continues to grow, demand for rental properties is likely to increase, providing consistent cash flow opportunities for apartment owners.
In addition to residential properties, the growing population might also create openings for commercial real estate investments as the need for services and retail options expands.
Future Market Outlook for Williamswood
The future market outlook for Williamswood appears promising. Population trends are often strong indicators of potential economic activity and real estate market vitality. With a notable population increase of 7.1%, it is reasonable to anticipate continued demand for housing which should support ongoing property value appreciation.
Focusing on infrastructure development and community services will be key to sustaining this growth trajectory. Any plans that improve transportation links to major employment centers or enhance local amenities could further boost property values and attract new residents.
In conclusion, while past performance is not always indicative of future results, current indicators such as steady price increases and significant population growth suggest that Williamswood remains an attractive market for both short-term investors and long-term stakeholders.
