Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Mervin Home Price
Mervin was Canada’s 3936th most expensive suburb by listed median house price this month.
Mervin, Saskatchewan has a median house price of $124,500 when compiling all the home listings in Feb .
According to our stats, Mervin is the neighbourhood that has the 245th most properties available to real estate investors in Saskatchewan.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Mervin will hopefully provide an indicator to help you where to research in-depth
In Mervin, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Feb this neighbourhood’s most common listing the same as the national average.
Is Mervin a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Mervin have stayed pretty much the same which would tend to indicate that demand is steady.
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