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.
Nokomis Home Price
With a median listing price of $65,000, Nokomis is Canada’s 5057th most expensive when ordered by median listing price.
The $65,000 price tag on the median Nokomis home means that it is very cheap in comparison to the rest of the nation.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Nokomis is the neighbourhood that has the 236th most properties available to real estate investors in Saskatchewan.
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.
In Nokomis, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Will prices rise across the next year in in Nokomis? There are a number of real estate indicators to consider.
If you are looking at investment properties in Nokomis, 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.
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