Across the nation CREW lists data for 4794 neighbourhoods, and this month Sylvania is number 3094 putting it in the bottom half of the country .
With Sylvania’s median house price at $179,450 in Jun , it is about average compared to the rest of Saskatchewan.
According to our stats, Sylvania is the neighbourhood that has the 301th most properties available to real estate investors in Saskatchewan.
Will prices rise across the next year in in Sylvania? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Sylvania 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 Sylvania, 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.