Photo: Dennis G. Jarvis · CC BY-SA 2.0Timberlea sits 30% above Nova Scotia’s towns on home values
Owners put the median home at $324,000 at the 2021 census; for Nova Scotia’s towns the median is $250,000. The census asks owners what their home would sell for, so the values are estimates from May 2021. Statistics Canada counted 8,470 buyers in 2023, paying a median $493,000. Timberlea doesn’t get its own sale prices, assessed values, values by property type and building permits figures; the ones here come from the city of Halifax.
Timberlea’s homes, by three sources
Three sources, each set against Nova Scotia’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $374K
- Owners
- 3,395
- 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
In 2024, Halifax had 131,695 residential properties on the roll, detached houses 71% of them and condos 7%.
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.
Timberlea’s homes: when they went up and what they are
4,020 occupied homes stood in Timberlea in 2021, and single-detached houses made up 64% of them. At least half predate 2001. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Nova Scotia’s towns
Homes by kind
| Timberlea | Nova Scotia | Canada | |
|---|---|---|---|
| Condominiums | 1% | 1% | 8% |
| Needing major repairs | 3% | 9% | 6% |
| Too small for the household | 2% | 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.
Building ahead of Nova Scotia’s towns: 24.4 new homes a year per 1,000 in Halifax, against 13.5
Over 2018–2023, 26,323 homes were permitted in Halifax, close to 4,387 each year. Very few were houses: 19% in single-unit buildings (Nova Scotia’s towns: 63%).
Most 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
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. · Monthly permits published for the Halifax metro area, not by town
Timberlea is 30% above the $250,000 median of Nova Scotia’s towns
The census values of Nova Scotia’s towns, 90 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around Timberlea
Next to Timberlea: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Timberlea | $324K | $374K | 85% | |
| Clayton Park West | $448K | $468K | 33% | 5.6 |
| Mount Royale | $348K | $354K | 28% | 6.5 |
| Fairview | $400K | $425K | 37% | 7.8 |
| Bedford | $448K | $527K | 58% | 8.1 |
| Westmount | $500K | $548K | 51% | 9.3 |
| Windsor Park | $400K | $426K | 40% | 9.7 |
Census 2021 values; km.
Questions about property prices in Timberlea
Is Timberlea expensive for Nova Scotia?
Yes: Timberlea’s census median is above the $250,000 of Nova Scotia’s towns.
How many households in Timberlea are in core housing need?
In Timberlea, 6% of households are in core housing need, against 8% for Nova Scotia’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
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).