Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Dodsland Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Dodsland is number 3835 putting it in the bottom half of the country .
While the median for Saskatchewan is $269,900 , which means that Dodsland’s median price is $152,500 below average than the rest of the province.
Dodsland’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
Across Saskatchewan Dodsland has the 204th most properties on offer with 357.
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.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
It’s never an exact art, but to try to forecast how property is going to appreciate in Dodsland for investors, it’s important to look at data like:
In Dodsland, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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