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.
Grayson Home Price
Grayson was Canada’s 1716th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $279,000 this month, Grayson, Saskatchewan is probably not for you price wise.
Grayson’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
There are 357 neighbourhoods that have more properties on sale than Grayson at the moment in Saskatchewan which puts the neighbourhood middle range when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Grayson is a good investment target.
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 Grayson have dried up which would tend to indicate that demand is higher than the supply of new properties.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Grayson will hopefully provide an indicator to help you where to research in-depth
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