Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Woodlawn Home Price
In Aug the median listed house price of $216,000 in Woodlawn was an above average compared to the rest of Nova Scotia.
From our data, it appears that neighbourhood is number 1893th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Woodlawn 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.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Woodlawn will hopefully provide an indicator to help you where to research in-depth
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.
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