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Lower Economy, NS

Updated: Jun 2016
House
Median price $226,950
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.09%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lower Economy Home Price

Want a cheaply priced house? Then at $226,950 this month, Lower Economy, Nova Scotia is a possibility for you price wise.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lower Economy has not many at all compared to the rest of the province

Can we guarantee how well Lower Economy 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.

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.

Will prices rise across the next year in in Lower Economy? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Lower Economy have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $294,900
Demographics
  • Population in 20113642
  • Population in 20063525
  • 2006 to 2011 population change (%)3.3
  • Total private dwellings2126
  • Private dwellings occupied by usual residents1529
  • Population density per square kilometre4.2
  • Land area (square km)877.59