The median asking price in Foam Lake is $115,000, quite a drop from the median three months ago which was $109,000 .
The $115,000 price tag on the median Foam Lake home means that it is very cheap in comparison to the rest of the nation.
How big are the houses being sold in Foam Lake? This month there are 2 one bedroom 5 two bedroom 10 three bedroom 6 four bedroom 2 five bedroom homes on the market.
From our data, it appears that neighbourhood is number 1055th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Foam Lake will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Foam Lake, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Canada’s national median home listing price this month is $244,900, which means that Foam Lake is in the cheapest 20% for Canada.
Want a cheaply priced house? Then at $115,000 this month, Foam Lake, Saskatchewan do not consider price wise.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Foam Lake has a pretty average amount compared to the rest of the province
Is Foam 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.