With a median listing price of $159,900, Black Lake is Canada’s 2976th most expensive when ordered by median listing price.
While the median for Saskatchewan is $279,000 , which means that Black Lake’s median price is $159,900 below average than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Mar this neighbourhood’s most common listing the same as the national average.
Saskatchewan has the fifth most amount of properties available to property investors, with Black Lake having 156th most in the province, out of a total of 347.
It’s never an exact art, but to try to forecast how property is going to appreciate in Black Lake for investors, it’s important to look at data like:
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Black Lake have stayed pretty much the same which would tend to indicate that demand is steady.
Is Black Lake a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.