Woodburn, Nova Scotia has a median house price of $539,000 when compiling all the home listings in Nov .
From our data, it appears that neighbourhood is number 4140th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Woodburn will hopefully provide an indicator to help you where to research in-depth
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Woodburn is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Woodburn, 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.