Quote:
Originally Posted by casper
It is been a number of years since I bought property in Saskatoon. Is the value of that property that high because it is a single family home in a single family neighborhood plus the general location or is the value because the area is becoming or has the potential to be built out over the next number of years.
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The houses are priced that high because they're on Sask Crescent, with a river view. At least 6 of the houses on that block of Sask Crescent are new builds, very expensive ones, which means that they're not being bought by speculators for lot value.
And there's a world of difference between living in the city and having neighbors and having a 7 story condo built next door.