The Saskatchewan REALTORS Association benchmark for Saskatoon currently sits at $444,700, and Nutana, close to Broadway Avenue and the South Saskatchewan River, routinely trades at or above that figure, which can put it out of reach for a first-time buyer without a larger down payment or a smaller, older home.
A $400 to $600 home inspection matters more here than in a newer suburb, since Nutana's early-1900s housing stock can carry original wiring, aging plumbing or foundation issues that a newer build would not have.
Character and location come at a cost in Nutana, and a first-time buyer should weigh that against a newer, cheaper neighbourhood before deciding. Get your hand-reviewed valuation from Joel Dyck.