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.
Shaunavon Home Price
The median asking price in Shaunavon is $129,900, quite a drop from the median three months ago which was $139,000 .
In Aug the median listed house price of $129,900 in Shaunavon was relatively low compared to the rest of Saskatchewan.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Shaunavon is the neighbourhood that has the 19th most properties available to real estate investors in Saskatchewan.
When we look at the data we have, it can help with trying to establish whether or not Shaunavon is a good investment target.
In Shaunavon, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Shaunavon will hopefully provide an indicator to help you where to research in-depth
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 Shaunavon have stayed pretty much the same which would tend to indicate that demand is steady.
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