Halifax is a growing city. With a steady market full of diverse buyers like young families, students and retirees, the city is currently a sellers’ market, with no signs of slowing down. With such a hot market, prices are higher than ever before – but there are still some hidden gem neighbourhoods where you can buy a home at a great price, such as Lower Sackville, Eastern Passage and Fairview, each with its own enticements. Here’s what you need to know about the most affordable neighbourhoods in Halifax:
Lower Sackville: While still affordable, Lower Sackville is one of the fastest growing communities in Nova Scotia. The close proximity to downtown Halifax gives Lower Sackville the advantages of local employment opportunities and the infrastructure of a larger city. The district is very typical of many “commuter communities” that have experienced exponential growth in recent years. And if you’re a lover of the outdoors, you’ll find yourself close to the Sackville Lakes Provincial Park!
Eastern Passage: This region is home to Fisherman’s Cove, a wonderfully quaint and restored 200-year-old fishing village. This area is a family favourite for both nearby residents and tourists, with its variety of shops and eateries offering delicious food and local art. A quick 20-minute jaunt from Downtown Halifax, Fisherman’s Cove is one of Nova Scotia’s oldest, yet newest tourist destinations.
Fairview: Fairview has remained one of the most affordable neighbourhoods in Halifax for many years. This pocket nestled within the urban core of Halifax puts residents a quick 20-minute drive from the downtown core. It’s also great for families with kids who attend Dartmouth University.
While Halifax remains a hot market, there are still some hidden gem neighbourhoods where homes are affordable for any buyer. Click here to shop the Halifax housing market.
*Insights provided by local broker Ryan Hartlen of RE/MAX Nova in Halifax, NS.