Across the country as a whole, Lampman is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Lampman has a median home price of $185,000.
If you’re looking at investment properties in Lampman, then you’re most likely to find homes with 3 bedrooms on sale this month.
Saskatchewan has the sixth most amount of properties available to property investors, with Lampman having 84th most in the province, out of a total of 357.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lampman for investors, it’s important to look at data like:
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 Lampman, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 14, this month we show 13.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Lampman 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.
If you are looking at investment properties in Lampman, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.