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.
Waldheim Home Price
When our research team crunched the numbers we calculated that Waldheim has a median home price of $249,450.
Investors looking for properties in Waldheim are most likely to find 5 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
Across Saskatchewan Waldheim has the 132th most properties on offer with 357.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Waldheim will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Waldheim there is more stock than three months ago. This would indicate pressure on prices easing.
Waldheim was Canada’s 374th most expensive suburb by listed median house price this month.
With Waldheim’s median house price at $247,900 in Aug , it is about average compared to the rest of Saskatchewan.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Across Saskatchewan Waldheim has the 25th most properties on offer with 46.
Is Waldheim a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Waldheim have increased which would tend to indicate that demand is not as high as supply.
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