What does matter is that Riversdale has seen the most visible redevelopment of any Saskatoon neighbourhood in the past decade, so an older, unrenovated house and a recently redone one on the same street can require very different qualifying incomes even at similar square footage.
A mortgage broker or lender runs your actual numbers, income, debts and the current stress test rate, against a specific listing price to give you a real qualifying figure. That is a more useful exercise than working backward from a neighbourhood average.
Getting pre-approved before you look at Riversdale listings tells you your real range and saves you from falling for a house priced above what you can carry.
Get your hand-reviewed valuation from Joel Dyck.