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.
Francis Home Price
Canada’s national median home listing price this month is $290,900, which means that Francis is close to average for Canada.
Francis, Saskatchewan has a median house price of $229,500 when compiling all the home listings in Aug .
If you’re looking at investment properties in Francis, then you’re most likely to find homes with 3 bedrooms on sale this month.
Saskatchewan has the sixth most amount of properties available to property investors, with Francis having 183th most in the province, out of a total of 357.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Francis 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.
In Francis, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
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.
Can we guarantee how well Francis is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Francis, 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.
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