Across the nation CREW lists data for 5162 neighbourhoods, and this month Buchanan is number 5128 putting it behind most of Canada .
With Buchanan’s median house price at $49,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Saskatchewan.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.
Saskatchewan has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Buchanan, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Buchanan will hopefully provide an indicator to help you where to research in-depth