Welcome to 104 – 615 McWillie Ave. A great value for this 3 bedroom, 2 Bathroom, 2 story, Silverspring Townhouse. This home has a very functional floor plan including open kitchen, dining and living area. The pride of ownership shows in this well cared for property that has been upgraded nicely in 2015 with new flooring throughout almost all of the home and was professionally painted from top to bottom. A new dishwasher and hot water heater were installed in 2021. The bedrooms have lots of closet space with the primary bedroom having a walk-in closet. It has central vac, built-in dishwasher, underground sprinklers, lawns, deck, patio, partially fenced. Location is fantastic - close to parks, the U of S and wonderful shopping in either direction. Call to view!
We’ve recently seen several national news headlines talking about how Canada’s housing market is “overheated” and how we should expect a market correction very soon.
One example was a recent report written by the Canada Mortgage and Housing Corp. (CMHC) which stated that the “Canadian housing market has moved from a moderate to a high degree of vulnerability and that the change was prompted by the detection of price acceleration alongside persistent overvaluation imbalances.”
Although these warnings are likely warranted on a national level, we wanted to explain that when you focus more locally, into the Saskatoon real estate market specifically, the statistics definitely tell a different story.
National news media, and reports like the one from CMHC are largely based on statistics that come from the major cities in Canada like Toronto, Vancouver or Montreal. Comparatively, Saskatoon’s market is like a little island of calm amongst all of the madness.
Saskatoon’s market has undoubtedly been HOT since COVID-19 hit. 2020 saw a record high number of sales and 2021 has been even busier. As of October 3rd, the number of homes sold is up 34% compared to the same time in 2020.
Even though our market is busy, our market is still relatively stable. CMHC considers an unbalanced market to have around an 85 per cent sales to listing ratio, which is close to where Toronto and Vancouver are at, but Saskatoon is more in the 60 per cent range.
Also, we don’t have an excess of inventories in Saskatoon. There were 1338 active MLS listings as of Oct 3rd. There were 651 new listings in September which is down -20% for the month compared to September 2020.
Also, average prices are definitely up, but nothing compared to other major cities in Canada. The average sales price in Saskatoon was $362,973 as of October 3rd, which is up +5% compared to this same time in 2020.
The point we wanted to make is that sometimes you have to dig a little deeper into the National news headlines. You might hear that Canada’s housing market is headed for trouble, but when you zoom into Saskatoon’s statistics, our market conditions are actually much more favourable.
This is why it's always best to reach out to us if you see an article on the news and you have questions as to how it relates to our local market. We are happy to go over the data with you to give you a more accurate picture of our market landscape.
Fantastic family home in the Village of Pilger, close to the City of Humboldt as well as Lucien Lake Regional Park. This 5 bedroom home has been very well taken care of. All of the flooring is in very good condition and all appliances and window coverings are included. The large kitchen is bright and has ample storage space. It has a large living room & 3 bedrooms on the main floor and 2 on the second floor. It has a newer furnace and central air conditioning. The backyard is well treed and private with a deck, green space, and garden area. Pilger has a grocery store, gas bar, and a restaurant & bar. If you are looking for an affordable home in a great community this home will impress!
Welcome to 430 Lewin Way. This 1747 sq ft meticulously kept home is also a mortgage helper with LEGAL SUITE in the basement. The main floor has a great open floor plan with lots of natural light, and tasteful decorating. There is a spacious living room and plenty of cabinet space in the kitchen including a convenient pantry with ample storage. Off of the kitchen is a garden door that leads to a deck and nicely landscaped backyard. There is a hot tub off the deck, fenced backyard and underground sprinklers front and back. On the second floor there are three nice sized bedrooms. The main bedroom has a large walk-in closet and a large ensuite bathroom with a walk-in shower. In the basement there is a one bedroom LEGAL SUITE with its own laundry and separate outside entrance. This home also comes with central A/C, central Vac, triple pane windows, humidifier, 2 HRVs, 2 fridges, 2 stoves, 2 dishwashers, 2 microwave hood fans, 2 laundry sets, and the heated 24’x24’ attached garage has a sump pit in it to drain away melted snow. This home is close to schools, local parks/walkway areas, shopping, dining and all amenities that Stonebridge has to offer!
“The Sapphire” is a part of the North Prairie Craftsman Series! This modern open concept 1,793 Sq.Ft two storey home with 3 Beds and 2.5 Baths is the perfect functional layout. The main floor is home to the newly designed kitchen with trendy cabinetry, eat-an island, Throughout this model love the upgraded finishing package. quartz kitchen countertops and bathroom vanities with undermount sinks. The second floor hosts an amazing master bedroom, with a four piece master ensuite, and walk-in closet. Enjoy the convenience of having upper floor laundry. With each bedroom there is a USB plug-in and TV cable so that you can ensure you are always connected when you need to be. Become tech-savy when you are able to control your thermostat through your phone with the Nest Thermostat. Other helpful features include HRV timers, and bathroom light sensors. The Sapphire also includes upgraded craftsman exterior, spacious front verandah, and a double attached garage. All North Prairie homes are covered under the Saskatchewan New Home Warranty program. GST included in purchase price with rebate to builder. *Pictures not exact representations of the unit, used for references purposes only.
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