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.
Kenosee Lake Home Price
Across the country as a whole, Kenosee Lake is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Saskatchewan is $269,900 , which means that Kenosee Lake’s median price is $264,000 better than average than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
This month we track 90th neighbourhoods in Saskatchewan, and Kenosee Lake has the 90th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Kenosee Lake is a good investment target.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
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.
Over the last three months in Kenosee Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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