Saskatoon Real Estate Still Affordable

In a recent article by the Saskatoon Star Phoenix, the Saskatoon real estate market is still affordable.  This is very true but people looking to buy in the Saskatoon real estate market may need to look a bit harder and be patient.  People that are looking to spend under $200,000 can’t have the same expectations as they did a few years ago.  The reality is that the Saskatoon real estate market has boomed resulting in a big increase of home prices across the city.  However there are still homes available at affordable prices.  In the article it mentions of a home being sold for $80,000 this year.  This in fact did happen in 2008.  Buyers that are looking to spend under $200,000 have to come to an understanding that they may have to be flexible as there as less options under this price mark in Saskatoon.  

There is a large demand for cheaper housing in Saskatoon so it is critical if you are looking to buy or sell real estate in Saskatoon that you work with a qualified Saskatoon real estate agent.  When working with an agent when buying a home, they can provide you access to new listings before they are available to the general public, as well they can provide you in depth information on the history of a property.  When working a hot real estate market such as this, time is of importance when dealing with homes that are highly sought after.  When selling your home you don’t want to leave money on the table.  By working with a Saskatoon Realtor, they should be able to provide you in depth information on pricing your home ensuring you get the most for your home.  A lot of people that sell their properties privately either price their home too high resulting in it not selling or pricing it too low and losing money.  If you are interested in either buying or selling a home in the Saskatoon real estate market be sure to contact me and I will be very happy to assist you.

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.

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