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.
Mantario Home Price
Mantario was Canada’s 2843th most expensive suburb by listed median house price this month.
While the median for Saskatchewan is $287,500 , which means that Mantario’s median price is $184,450 below average than the rest of the province.
From our data, it appears that neighbourhood is number 3864th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Mantario 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When we look at the data we have, it can help with trying to establish whether or not Mantario is a good investment target.
Over the last three months in Mantario, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Corresponding census subdivisions are provided for the following place names where data is not available.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media