Last month, Gerald was Canada’s 3524th priciest – this month at number 3524 it’s gained 404 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
While the median for Saskatchewan is $269,000 , which means that Gerald’s median price is $119,500 a lot lower than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
This month we track 196th neighbourhoods in Saskatchewan, and Gerald has the 196th most choice available for real estate investors.
Is Gerald a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Gerald have dried up which would tend to indicate that demand is higher than the supply of new properties.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Gerald 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.