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.
Willowbrook Home Price
When looking across the province, Willowbrook is the 245th most expensive in Saskatchewan.
While the median for Saskatchewan is $282,000 , which means that Willowbrook’s median price is $115,000 a lot lower than the rest of the province.
There are 317 neighbourhoods that have more properties on sale than Willowbrook at the moment in Saskatchewan which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Willowbrook will hopefully provide an indicator to help you where to research in-depth
In Willowbrook, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
It’s never an exact art, but to try to forecast how property is going to appreciate in Willowbrook for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Willowbrook there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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