Tidewater

Maders Cove

One of 379 areas · 1,082 parcels · Updated weekly

Rising, broadly in step with Nova Scotia.

Maders Cove's price per square foot rose 13% over two years — versus +13% across Nova Scotia, on 52 recent and 55 prior sales. This is an area-wide read, not a per-home estimate or a forecast.

A community within Lunenburg, on Nova Scotia's official governance map.

Active marketAs of August 2026 · 2021 census
$444,500typical house · 24mo70th pctile · NS
+13%price trend · 2yr46th pctile · NS
1,082homes
2,009residents

Sells in a median 71 days — faster than 7% of Nova Scotia areas · 39 sold

Sells for a median 94% of original asking — 10% at or above ask · 39 sold

0% cut their price before selling · 39 sold

Market conditions among homes that sold over the last 24 months.

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PVSC + MLS · Area aggregate

Median sale$444,50024 mo
Registry sales5224 mo
24-mo change+13%
Median days on market71 days39 sold
Median assessment$406,5002026
OverviewPVSC + 2021 Census

Single-family homes here typically sold around $444,500 over the last 24 months — +13% on a mix-controlled price-per-square-foot basis over two years (Nova Scotia as a whole: +13%). Assessed values moved +49% over three years.

As of the 2021 Census, about 2,009 people live here, with a median household income near $70,000. 89% of homes are owner-occupied and 92% are single-detached.

Roughly 61 homes were added in the last five years — about 6.6% of the stock.

Price-per-square-foot trajectoryPVSC · Sales
Median sale price per square foot in Maders Cove went from $259 in 2022 to $272 in 2026.20222023202420252026$272/ft²$259
Median sale price per square foot in Maders Cove went from $259 in 2022 to $272 in 2026.

Most recent sales landed between $182,500 and $936,000 (10th–90th percentile).

How Maders Cove compares to Nova ScotiaPVSC + Census · vs NS
Typical house · 24mo$444,50070th percentile
Price trend · 2yr+13%46th percentile
Assessed values · 3yr+49%vs NS +52%
Median year built1980vs NS 1979
Median household income$70,000vs NS $67,500
Owner-occupied89%vs NS 67%
Single-detached92%vs NS 64%
Median age56.8vs NS 47

The blue dot marks Maders Cove; where a province-wide percentile exists it is shown, otherwise the Nova Scotia figure is given for reference.

Built form & new constructionPVSC · as of 2026-08-30

About 61 new homes were built in Maders Cove over the last five years — roughly 6.6% of its homes. Counts detached, semi, townhouse and small multi-unit homes only — apartment and commercial development are tracked separately, so this is not a count of all new housing units.

Assessed value per ft², by era built

Pre-1960$272/ft² · 215 homes
1960–79$277/ft² · 238 homes
1980–99$277/ft² · 255 homes
2000–17$350/ft² · 149 homes
2018+$460/ft² · 74 homes

Recent sale price per ft², by home type

Detached$307/ft² · 974 homes

Where recent sales landed

26%36%23%14%
Under $300k · 26.2%$300–500k · 36.4%$500–750k · 23.4%$750k+ · 14%
Recorded salesRegistry · 21 years · ungated
2026-07-09124 Tanner Settlement, Tanners Settlement$385,000
2026-07-07145 Windward, Spectacle Lakes$280,000
2026-06-2610562 Highway 3, Deans Corner$294,000
2026-06-18236 Princes Inlet, Martins Brook$1,060,000
2026-05-2810208 Highway 3, Martins Brook$270,000
2026-05-282120 Highway 332, Bayport$620,000
2026-05-28338 Sunnybrook, Sunnybrook$705,300
2026-05-17169 Maders Cove, Maders Cove$950,000
2026-01-27500 Northwest, Lilydale$310,000
2025-12-04500 Maders Cove, Maders Cove$425,000
2025-11-1411505 Highway 3, Centre$175,000
2025-11-0436 Whitetail, Maders Cove$748,000

Source: PVSC sales records — single-parcel transfers of $50,000 or more. Multi-parcel conveyances and nominal family transfers are excluded because they aren't market sales.

Who lives here2021 Census · apportioned
Population2,009
Median age56.8
Avg household size2.1
Median household income$70,000
Owner-occupied89%
Rented11%
Single-detached92% (NS 63.7%)
Built since 20163.2% (NS 5.2%)

Census figures are apportioned from 2021 dissemination areas to this boundary by parcel share — an honest approximation, not a direct count.

More in Lunenburg
Garden Lots$447,500+15%1,501
New Germany$274,950+18%1,453
Lower Branch$368,250+15%1,384
Petite Rivière$360,000+13%991
Pleasantville$443,000+19%941
Middle New Cornwall$410,0000%739
Newburne$264,000-10%660
Hebbs Cross$395,000+24%557
Dayspring$331,250+2%475
Italy Cross$341,250+50%465
Blockhouse$310,000+19%424
Pine Grove$487,500+24%343

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How to read this profile

An area profile for Maders Cove— how the area has moved, never a per-home estimate or a forecast. Market figures cover the last 24 months of arm's-length single-family sales (Property Valuation Services Corporation); the trend is on median price per square foot, which controls for which homes happened to sell. Where recent sales are too thin to be reliable, the typical-price figure is suppressed and the assessed-value movement is shown instead. New-build premiums hold home size constant. Demographics are from the 2021 Census of Canada, apportioned from dissemination areas to this boundary by parcel share.

Sources — PVSC (sales & assessment) · Statistics Canada, 2021 Census (Open Government Licence – Canada) · governance boundaries © Open Data Nova Scotia & HRM (OGL) · market data as of August 2026.