Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Grandora Home Price
The median asking price in Grandora is $434,900, a substantial increase over the median three months ago which was $389,900 .
While the median for Saskatchewan is $269,900 , which means that Grandora’s median price is $434,900 considerably better than the rest of the province.
This month we track 132th neighbourhoods in Saskatchewan, and Grandora has the 132th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Grandora will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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.
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 Grandora have stayed pretty much the same which would tend to indicate that demand is steady.
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