According to a new analysis, the housing market in Canada had the biggest drop in affordability in 41 years in the second quarter of 2022.
Kisbey Home Price
Kisbey was Canada’s 3835th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Kisbey has a median home price of $152,500.
Investors looking for properties in Kisbey are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
There are 357 neighbourhoods that have more properties on sale than Kisbey at the moment in Saskatchewan which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Kisbey 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.
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 Kisbey have increased which would tend to indicate that demand is not as high as supply.
If you are looking at investment properties in Kisbey, 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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