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.
Watrous Home Price
Watrous, Saskatchewan has a median house price of $132,000 when compiling all the home listings in Aug .
If you’re looking at investment properties in Watrous, then you’re most likely to find homes with 3 bedrooms on sale this month.
This month we track 66th neighbourhoods in Saskatchewan, and Watrous has the 66th most choice available for real estate investors.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Watrous 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.
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 Watrous, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 17, this month we show 17.
When we look at the data we have, it can help with trying to establish whether or not Watrous is a good investment target.
If you are looking at investment properties in Watrous, 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.
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