The Saskatchewan REALTORS Association benchmark for Saskatoon currently sits at $444,700, and a first-time buyer should compare a specific University Heights home against recent comparable sales rather than assume the neighbourhood's reputation sets the price on its own.
A buyer should also budget the minimum down payment of 5 percent on the first $500,000 of price, 10 percent above that, along with a $400 to $600 home inspection, regardless of which Saskatoon neighbourhood they choose.
University Heights offers real advantages, but the numbers still have to be checked house by house. Get your hand-reviewed valuation from Joel Dyck.