Saskatchewan REALTORS Association data groups Varsity View among Saskatoon's established central neighbourhoods, which typically trade above the citywide benchmark of $444,700. A first-time buyer priced out of ownership here sometimes finds more room in a comparable neighbourhood a few minutes further from campus.
The upside is a walkable, mature location with rental income potential if the home has a legal secondary suite, since Varsity View's proximity to the university and Royal University Hospital keeps steady renter demand. The tradeoff is older mechanical systems and a home inspection, typically $400 to $600, that may turn up more to address than in newer construction.
For a first-time buyer who wants the location and can absorb the price and the age of the housing stock, it is a legitimate choice, not a compromise.
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