With Hepburn’s median house price at $359,900 in Aug , it is high priced compared to the rest of Saskatchewan.
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 150th neighbourhoods in Saskatchewan, and Hepburn has the 150th most choice available for real estate investors.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Hepburn 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.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Hepburn, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 9, this month we show 7.
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.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Hepburn there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.