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NEIGHBOURHOOD INFORMATION:

Halifax-Dartmouth Region
Counties & Cities Serviced by Mark:

Halifax:
Clayton Park
South End
West End
North End
Dartmouth
Bedford
Lr. Sackville
Hammonds Plains
Timberlea
Herring Cove
Bedford
Sackville
Dartmouth
Fairview
Hammonds Plains
St. Margarets Bay
Armdale/Purcell's Cove
Prospect
Halifax County East
Halifax County South & West
Sambro to Ketch Harbour
Waverley/Fall River
Outside Halifax County

 

 

 

 

Timberlea

Timberlea is an affordable residential area on the fringe of Halifax, a 20 minute commute off #103 highway exit 3 to the St. Margaret's Bay Road, just past Bayers Lake Park. It has become one of Metro's most popular residential communities for young families.

Schools
A beautiful new school was recently built in nearby Beechville Estates and Ridgecliff Middle School is one of the nicest school facilities in the metro area.

Shopping
Close to excellent shopping in Bayers Lake.

Recreation
There is a reasonable size lake, Governor's Lake, in the area where swimming and boating can be enjoyed in summer and some skating in winter.

Homes There is a wide range of housing available in the area. There is everything from affordable semi-detached to some larger executive type homes. New housing is currently available in this area, with several subdivisions such as Glengary Estates, Timberlea Village, Greenwood Heights, Governor's Glen, Beechville Estate (built next to the new Beechville school) and a new golf course community has been recently approved.

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Market Conditions

The real estate market in Nova Scotia can best be described as a sellers market. Sellers in this market whose homes are priced competitively and are in good condition will typically sell. "Bargains" are still hard to find but the current prices reflect a fair price for homes in the area. While "fair price" may be translated as outrageous to people moving to Halifax the cost of a home today is, in many cases, comparable to home costs in the late 1980's.

Real estate is and always has been a good long term investment in Nova Scotia. During the late 1980's home prices escalated. Later we saw prices stagnate in many neighborhoods with modest increases in other neighborhoods. Prices now are increasing at a rate of between 4 and 7%. Many local economists are optimistic about our regional economy and in the next couple years we should continue to see healthy appreciation rates.

One of the services I offer my clients, is to analyze the market and assist them in determining the best strategy for buying or selling a home. If you are moving into or out of the area, give me a call to discuss a plan of action to solve your housing needs.


 


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