Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

What do two-family and investment homes cost in Riversdale?

There is no single figure for two-family and investment homes in Riversdale, because the Saskatchewan REALTORS Association reports a citywide benchmark of $444,700, up 2.8 percent year over year, and Riversdale's own redevelopment over the past decade means price varies block to block more than almost anywhere else in the city.

That variation is the point, not a footnote. Riversdale mixes older housing stock that has sat untouched for decades with recently renovated properties and new infill, so two lots on the same street can carry very different values depending on condition and what work has actually been done inside.

A two-family or investment property adds a second layer on top of that condition question. Financing a property you will not live in requires 20 percent down rather than the insured minimum, and any secondary suite needs a City of Saskatoon permit before a lender will count the rental income toward qualifying.

Public records catch the permit, not the workmanship, which is exactly the gap on a block where renovation quality swings house to house. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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