Estevan Real Estate Update

In real estate, there's one certainty - nothing stays the same for long.  Despite this long running boom in southeast Saskatchewan, the Estevan real estate market changes constantly.  Product increases for a short while and then suddenly there's a shortfall in several price ranges.  Average home prices have increased over the last year, but I see signs that the market, in terms of pricing, is stabalizing.  We have several new land developments starting yet this year, so we will see opportunities for more new housing projects.  The last phase of Trimount's Petterson Point Condo project is well underway and 50% sold.  The condos have been well received as both entry level housing and retirement housing - and for some employers, an opportunity to provide a comfortable, shiny new home for incoming employees.  Although Estevan's housing market is tight - yes, you do have to have the means to purchase or pay significant rent - there are good opportunities available. 

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