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.
Lang Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Lang is number 3779 putting it in the bottom half of the country .
The median house price listed in Lang this month is $155,000.
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.
According to our stats, Lang is the neighbourhood that has the 236th most properties available to real estate investors in Saskatchewan.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Lang 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.
In Lang, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lang for investors, it’s important to look at data like:
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