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.
Turtle Lake Lodge Beach Home Price
Across the country as a whole, Turtle Lake Lodge Beach is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $312,000 in Turtle Lake Lodge Beach was an impressive 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.
Across Saskatchewan Turtle Lake Lodge Beach has the 112th most properties on offer with 357.
Is Turtle Lake Lodge Beach a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Turtle Lake Lodge Beach, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 16, this month we show 10.
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.
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 Turtle Lake Lodge Beach have stayed pretty much the same which would tend to indicate that demand is steady.
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