Photo: WabbitWanderer from London, Canada · CC BY-SA 2.0Half the owned homes in Hatchet Lake are valued above $300,000
Some 3,730 owner households gave their home’s value to the 2021 census. In 2023, 8,470 homes changed hands at a median price of $493,000, by Statistics Canada’s count. Nobody publishes sale prices, assessed values, values by property type and building permits for Hatchet Lake alone, so this card uses the figure for the city of Halifax.
What Hatchet Lake’s homes are worth, three ways
Three sources, each set against Nova Scotia’s towns only: provinces measure value differently, so they don’t line up across borders. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.
median, owners’ estimate
- Average
- $350K
- Owners
- 3,730
- Nova Scotia’s towns
- $250K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $530K
- ÷ buyers’ income
- 3.3×
- Buyers
- 8,470
- Nova Scotia’s towns
- $205K
all residential
- Nova Scotia’s towns
- $157K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses in Halifax carry 2.4 times the assessment of the median for Nova Scotia’s towns
Assessors listed 131,695 residential properties in Halifax for 2024, 71% of them detached houses and 7% condos.
Median assessment by type, 2024 the tick is the median of Nova Scotia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Nova Scotia’s towns with their own figure; assessments compare within a province only.
How Hatchet Lake’s homes break down, by age and kind
4,120 occupied homes stood in Hatchet Lake in 2021, and single-detached houses made up 91% of them. Half went up before 2001. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Nova Scotia’s towns
Homes by kind
| Hatchet Lake | Nova Scotia | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 1% | 8% |
| Needing major repairs | 8% | 9% | 6% |
| Too small for the household | 1% | 2% | 3% |
| Households in core housing need | 6% | 8% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Halifax ran at 24.4 homes a year per 1,000, where Nova Scotia’s towns ran at 13.5
Over 2018–2023, 26,323 homes were permitted in Halifax, close to 4,387 each year. Multi-unit buildings took most: single-unit ones were just 19%, where Nova Scotia’s towns built 63%.
A peak in 2023: 5,355 new homes
New homes a year per 1,000 homes
Slowing: 5,538 new homes in the 12 months to August 2026, 15% fewer
Area-wide: monthly permits, counted over the Halifax metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Hatchet Lake is 20% above the $250,000 median of Nova Scotia’s towns
90 of Nova Scotia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around Hatchet Lake
The places around Hatchet Lake at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Hatchet Lake | $300K | $350K | 91% | |
| Harrietsfield | $348K | $369K | 90% | 9.5 |
| Timberlea | $324K | $374K | 85% | 12 |
| Mount Royale | $348K | $354K | 28% | 13.6 |
| Westmount | $500K | $548K | 51% | 14.1 |
| South End | $420K | $611K | 49% | 14.1 |
| Fairview | $400K | $425K | 37% | 14.9 |
Census 2021 values; km.
Questions about property prices in Hatchet Lake
How many households in Hatchet Lake are in core housing need?
Statistics Canada puts 6% of Hatchet Lake’s households in core housing need, much as for Nova Scotia’s towns (8%).
Is Hatchet Lake expensive for Nova Scotia?
Dearer than the middle: Nova Scotia’s towns come to $250,000, Hatchet Lake to more.
Can I see individual sales or prices by street?
No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).