Fast-growing areas to buy a home in Nova Scotia

Looking to buy a home in Nova Scotia, but not sure where you should be searching? Nova Scotia has several excellent spots for house hunters, and finding the perfect location can be challenging. Depending on your needs, you might need to balance factors such as location, price, access to amenities, schools, or community development. To help you get started, let’s review five fast-growing areas where homeownership can be a great option. 

Dartmouth

Let’s kick things off by mentioning our neighbouring community across the harbour! Dartmouth, located on the opposite side of the Halifax Harbour, has been steadily growing in popularity over the last few years. It has taken on several changes that have boosted its appeal and drawn the attention of home buyers. Dartmouth has focused on accessibility, creating spaces that are ideal for pedestrians, cyclists, and drivers. This has been a game changer for those craving an explorable waterfront living space. It has also expanded its ferry services, making it easy to quickly cross the harbour into Halifax.

Dartmouth’s housing prices are often lower than those in Halifax, even though it is a stone’s throw away from the city. This makes it a desirable area for commuters and new home buyers who are looking for an affordable place to live while still being near Halifax itself.

Clayton Park

Clayton Park is one of the best places to buy a home in Nova Scotia, and it brings you right into Halifax. This neighbourhood’s population has been growing year over year as more home buyers are drawn in. Demand for housing is consistently high, with market conditions remaining stable for buyers. Much of this area’s popularity can be credited to its ongoing upgrades in terms of growing retail and commercial spaces, ample parks, and excellent schools. 

Clayton Park is attractive for all types of buyers, from working professionals to young families, move-up buyers, and condo dwellers. The convenience of living right in Halifax cannot be beat, especially for those who value living in an active area. 

Truro

Of course, the best spots to buy a home in Nova Scotia are not limited to the Halifax area! Truro moves buyers to the province’s centre. Affordability is a huge plus here, with the average home price falling at around $400,000. Of course, this is much lower than many Halifax prices, which makes Truro a great option for first-time buyers especially. However, any type of home owner can enjoy Truro’s amenities and growing commercial spaces. Plus, its central location means you can access anywhere in the province fairly easily. If you are hoping to buy in a growing yet affordable area with promising development, Truro is a great choice.

East Hants

East Hants brings buyers closer to the action of Halifax without placing them right in its centre. Located about 45 minutes away from the city, this area allows home owners to keep their distance without giving up access to the capital completely. Ongoing improvements to Highway 102 also mean the commute between these two areas will only become easier. East Hants is a great spot for those who work remotely, or need semi-frequent access to Halifax.

Housing in this region is affordable, but prices are expected to increase as amenities continue to grow. It’s safe to say that buying a home in East Hants likely means securing long-term property appreciation. 

Cape Breton

Cape Breton takes home buyers to the eastern end of the province and is one of the top spots to buy a home in Nova Scotia. Of course, its most obvious appeal is its beauty, as it is surrounded by nature, gorgeous landscapes, and water. However, this region is also great for buyers. Cape Breton University brings in a large number of Canadian and international students, fuelling demand for housing and development. Homes are affordable, making it a great spot for new buyers hoping to settle in a growing area.

There are several fast-growing areas in Nova Scotia where buying a home is a great option. However, these are five of the top options for buyers based on things like access to amenities, affordability, and development. If you are ready to take the plunge into homeownership, feel free to reach out to your local mortgage broker! We can help you get started with your buying journey to ensure you end up with the mortgage product that perfectly matches your needs. 

If you have any questions about your mortgage, get in touch with us at Clinton Wilkins Mortgage Team! You can call us at (902) 482-2770 or contact us here.