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.
Sonningdale Home Price
When looking across the province, Sonningdale is the 19th most expensive in Saskatchewan.
The $409,300 price tag on the median Sonningdale home means that it is quite highly priced by Canadian standards.
According to our stats, Sonningdale is the neighbourhood that has the 283th most properties available to real estate investors in Saskatchewan.
It’s never an exact art, but to try to forecast how property is going to appreciate in Sonningdale for investors, it’s important to look at data like:
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
If you are looking at investment properties in Sonningdale, 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.
“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