When looking across the province, Outlook is the 98th most expensive in Saskatchewan.
In Aug the median listed house price of $269,950 in Outlook was an above average compared to the rest of Saskatchewan.
Outlook’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Outlook 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.
Over the last three months in Outlook, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Can we guarantee how well Outlook is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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.