What $650,000 buys in and around Halifax right now
Nova Scotia’s housing market is still climbing. Here are three Halifax-area homes listed near $650,000, from a waterfront-adjacent split level to a peninsula townhouse and a larger rural renovation.
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By Torontoer Staff
Nova Scotia remains an outlier in a cooling national market, with prices in the Halifax-Dartmouth metro near all-time highs as 2025 closed. The Canadian Real Estate Association’s median for a two-storey home in the region was sitting just under $650,000, so we looked for actual listings at or near that figure to show what buyers can expect.
Below are three current listings spanning suburban Bedford, Halifax’s North End peninsula and a renovated house near Peggy’s Cove. Each represents a different trade-off: lot and natural setting, central location and walkability, or interior space and distance from the city.
Bedford: 49 Village Crescent, $634,900
This 1970s split-level five-bedroom house sits near the top of Bedford Basin on a loop of street noted for oversized lots and a wooded, park-like feel. The price was recently reduced by $15,000, but the listing agent says the location and lot explain why it still sits above many nearby comparables.
- Asking price: $634,900
- Living area: just over 1,900 sq ft
- Bedrooms: 5, Bathrooms: 2
- Main-floor living and dining, eat-in kitchen with walkout to deck
- Lower level: three bedrooms, second bath and recreation room
- Lot slopes into wooded area backing onto public green space
It’s a really special street. It really is quite natural, and very different from the rest of Bedford. If you were to drive around Bedford you’d see more traditional lawns, less connection to nature.
Margaret Craig, Engel & Völkers Canada
The home will appeal to buyers prioritizing outdoor privacy and lot character over the latest interiors. The layout gives a conventional family plan with separate living levels, and proximity to the basin remains a draw for neighbourhood buyers.
Halifax peninsula (North End): 6266 Liverpool Street, $649,900
On the peninsula, the same budget buys markedly less space but a stronger location. This three-level condominium townhouse in the North End offers around 1,400 square feet, recent updates and easy access to downtown and major arterial routes.
- Asking price: $649,900
- Living area: approximately 1,400 sq ft
- Three levels: ground-floor kitchen, second-floor living, third-floor bedrooms
- One-car indoor garage and a patio off the kitchen
- Located in a desirable school district with quick downtown access
It comes down to what people are looking for: If you want detached and a yard and space, then okay, maybe we’re looking in the Dartmouth suburbs. If location is the most important thing, okay, we can get you into North End. We can’t get you into the South End at all.
Chris Perkins, Coldwell Banker Maritime Realty
Buyers focused on walkability, schools and a short commute will find the North End option attractive. Expect compromises on interior square footage and private outdoor space compared with suburban or rural options.
Seabright (near Peggy’s Cove): 11278 Peggy’s Cove Road, $650,000
For roughly the same budget, moving farther from Halifax buys substantially more interior space and land. This renovated five-bedroom, three-bath home sits on about half an acre and offers roughly 3,200 square feet of living area, about a 40-minute drive from downtown Halifax.
- Asking price: $650,000
- Living area: about 3,200 sq ft
- Bedrooms: 5, Bathrooms: 3
- Half-acre lot along Peggy’s Cove Road, mixed neighbourhood of cottages and waterfront estates
- Separate basement apartment often used for Airbnb or rental income
One group of people that tends to like properties out here are families with kids; a certain type of person that’s perhaps a little suspicious of built-up cities. The area is also popular with artists and people like myself who wanted to be out in the fresh air and have a bit more space.
David Langstroth, House Maestro Realty Ltd.
This listing demonstrates the rural premium for space and flexibility. The house has been on the market for just over 100 days, reflecting a recent trend of longer listing times and more price adjustments across parts of the province since autumn.
Choosing between location, space and budget
At the $650,000 price point in the Halifax region, buyers are choosing among three clear priorities: location and commute time, private lot and natural setting, or interior space and potential rental income. Market trends that carried into late 2025 show prices holding near highs while sales volume dipped, and some listings have remained longer or taken price reductions.
- Prioritise commute and services if proximity to downtown is essential.
- Choose Bedford or suburban Dartmouth for larger lots and family-oriented streets.
- Consider rural spots on Peggy’s Cove Road for more living space and rental options, while accounting for longer drives and maintenance.
The three listings above each reflect different market niches: a mature, wooded Bedford street; a compact peninsula townhouse with immediate access to the city; and a roomy, renovated home farther out with income potential. Which one represents the best value depends on personal priorities and tolerance for commute and upkeep.
Tell us which house you think is the best deal and what city you’d like to see featured next in The Price Point. Each month, real estate reporter Shane Dingman examines what benchmark prices buy across Canadian regions. Sign up for the Real Estate Newsletter for updates on listings, trends and market analysis.
The Halifax market continues to reward different buyer preferences. For some, location will trump square footage. For others, the same budget will buy substantially more room and land outside the city.
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