Across the nation CREW lists data for 5162 neighbourhoods, and this month Loreburn is number 5009 putting it behind most of Canada .
In Aug the median listed house price of $71,500 in Loreburn was relatively low compared to the rest of Saskatchewan.
According to our stats, Loreburn is the neighbourhood that has the 204th most properties available to real estate investors in Saskatchewan.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Loreburn needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
If you are looking at investment properties in Loreburn, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
It’s never an exact art, but to try to forecast how property is going to appreciate in Loreburn for investors, it’s important to look at data like:
In Loreburn, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.