How was 2009 for property values in your Saskatoon neighbourhood?

Are you at least a little bit curious about the current price trends for real estate in your neighbourhood? We’ve been putting in some OT over the past couple of days to bring you the latest look into the trends for each Saskatoon area. Those numbers are now available on our “Saskatoon neighbourhoods” pages, but please check out the highlights below before you go.

While most areas produced six-month rolling averages that exceeded the overall averages for the year, indicating that the current trend is upward, the majority of neighbourhoods experienced some decreases through 2009. More often than not declines were in the 3%-10% range.

Exhibition, Hudson Bay Park, Kelsey-Woodlawn, Meadowgreen and North Park all bucked the general trend to record small increases in the average selling price of a house.

A few areas saw declines in the average house price that were out of step with the rest of the city. In Greystone Heights the average selling price of a single-family home dropped $55,000, and the median sale price dropped $53,000. Lakeview saw it’s average drop the most in real dollars by $81,261, while the median price for the area moved down $50,000. Montgomery Place saw a $60,000 drop in the average and a $63,000 drop in the median. Nutana’s average came down significantly falling $80,000, but the median price for the area moved just $10K. Briarwood, Avalon and Erindale also saw average house price declines that were higher than average at $69,445, $63,914 and $48,971 respectively.

This year’s biggest surprise may be Stonebridge, an area that our more bearish readers wrote off as hopeless, bound to become an open range of rickety shacks with garbage and tumbleweeds everywhere. Sorry folks. The average price in Stonebridge declined less than $11,000 over the year as a ten-month supply of inventory nearly vanished.

In the stupid prizes categories, Lakewood condos win for coming closest to the overall condo average in Saskatoon while Holliston wins for most closely following the average Saskatoon house price over the last ten years.

See what happened in your neighbourhood here. While you’re there, please jot us a short note about your area in the comments section of the page.

The same details for Saskatoon can be found here.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Real estate geeks can follow our daily updates on Twitter @norm_fisher.

Our Saskatoon home search tool offers MLS listings represented by all real estate brands, presented with more detail than you’ll find anywhere else. Check it out here.

Norm Fisher
Royal LePage Saskatoon Real Estate

Proposed Hampton Village re-zoning not popular with some area residents

A city of Saskatoon proposal to rezone a parcel of undeveloped land to accommodate high-density housing in Hampton Village has some area residents crying foul.

Joel Anderson, “a new resident of Hampton Village” is quoted in a story in today’s Star Phoenix. “It’s hard to say it without sounding a little snobbish. You want to live in a nice area that equals what your income is, and you don’t want to be surrounded by low-income housing. That’s why we didn’t buy something down in the Riversdale area.”

310 Hampton Circle

310 Hampton Circle (in red)

The undeveloped land located at 310 Hampton Circle is currently zoned RMTN and accommodates townhouse developments at low to medium densities. The proposal, which has already passed through the municipal planning commission and will soon be heard by council calls for a zoning change to RMTN1 which can accommodate higher density developments that can generally be sold for less, raising some concern that the homes may become a target for real estate investors seeking cheap rental property.

“If you look out my backyard and you see the tops of these cheap townhouses, it’s definitely going to take away. It may not hurt the value too much, but it will definitely make it harder to sell,” Anderson said.

UPDATE: On March 1, 2010 the proposed re-zoning of this property was passed by city council.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Real estate geeks can follow our daily updates on Twitter @norm_fisher.

Our Saskatoon home search tool offers MLS listings represented by all real estate brands, presented with more detail than you’ll find anywhere else. Check it out here.

Norm Fisher
Royal LePage Saskatoon Real Estate

Google Street View now available for Saskatoon and on our home search tool

Google began rolling out its “Street View” functionality for Canada earlier this year but Saskatoon wasn’t included in the initial release. Well, today we got caught up with other major Canadian cities and Street View for Saskatoon is now functional.

You’ll probably want to start by checking out your own haunts to see if you can find yourself captured on a Google map. Start by searching for an address, click on the map placement pin that identifies the location and then select the “Street View” link for a closer look. If you find something fun please share it in the comments.

Click image for a larger view

Click image for a larger view

You can also find the Street View feature live and functional on all of the listings featured on our website, including the MLS listings database available under the Saskatoon Homes tab of the navigation bar. To use the Street View tool on any MLS listing, click the “Map/Walkscore” tab and then follow the “Street View” link just above the map image in the upper right hand corner.

Click image for a larger view

Click image for a larger view

The map placements seems to be less than perfect but it’s pretty easy to move around and it’s kind of a cool way to get a look up and down the block of any home that you might be interested in.

It just keeps getting better. Have fun!

A tip of the hat to @dcramps for the heads up on the availability of Street View for Saskatoon, and a big thank-you to @billskrypnyk, Technical Director at MyRealPage for making it all work.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Real estate geeks can follow our daily updates on Twitter @norm_fisher.

Our Saskatoon home search tool offers MLS listings represented by all real estate brands, presented with more detail than you’ll find anywhere else. Check it out here.

Norm Fisher
Royal LePage Saskatoon Real Estate

Central Avenue improvements pitched to Saskatoon City Council

As the Sutherland area approaches its 100th birthday the Sutherland Business Improvement District (SBID) is hoping that Saskatoon city council will recognize the need for a facelift on Central Avenue and approve funding for the proposed project in its 2010 capital budget.

According to a story in today’s Star Phoenix, the SBID presented a report to council last night and proposed three improvements for the main thoroughfare that separates Sutherland from neighbouring Forest Grove. SBID is recommending a “sound and dust attenuation wall” adjacent to the CP rail line, the design and construction of a “public plaza,” and an active pedestrian crossing at the 110th Street intersection.

Ward 1 councillor Darren Hill stands with the business group hoping to help make Central Avenue “more pedestrian friendly.”

Several business closings in recent years have led to a perception of a deteriorating Central Avenue. SBID and councilor Hill believe that the proposed improvements will revitalize the area.

Read the Star Phoenix story here.
Visit our Sutherland neighbourhood profile page.
Visit our Forest Grove neighbourhood profile page.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Real estate geeks can follow our daily updates on Twitter @norm_fisher.

Our Saskatoon home search tool offers MLS listings represented by all real estate brands, presented with more detail than you’ll find anywhere else. Check it out here.

Norm Fisher
Royal LePage Saskatoon Real Estate

$5 million dollar renovation planned for E.D. Feehan High School

E.D. Feehan High School will undergo a major renovation through 2010 and 2011 with a more suitable environment for career training being the primary objective.

Planned renovations include a day care facility, a space switch between the cafeteria and the library, a reworking of the administration and student services area, a community room, an upgraded visual arts and media room and the addition of six new classrooms.

The provincial government will provide $3.75 million in funding and the Greater Saskatoon Catholic Schools will be responsible for the remaining $1.25 million.

E.D. Feehan High School is located at the corner of Avenue M North and Rusholme Road in the Westmount area of Saskatoon.

Janet French covered the story for the Star Phoenix here if you’re interested in more details and a thorough overview of the planned improvements.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

If you live in Saskatoon we’d sure appreciate hearing your comments about your neighbourhood. Please visit our “Saskatoon Neighbourhoods” page and let us know what you love about your community.

Norm Fisher
Royal LePage Saskatoon Real Estate