Saskatoon Real Estate Overview
Activity in Saskatoon's real estate market is growing considerably.
The Saskatoon Region Association of Realtors reported an increase of 21 per cent in listings and 35 per cent in sales from February to March 2013. The average selling price continued its modest upward trend to $336,100 - an increase of 2.8% from March 2012.
Saskatoon consists of 65 neighbourhoods divided amongst nine designated Suburban Areas. The older neighbourhoods are located in the city's Core Neighbourhoods area and include Riversdale, Pleasant Hill, and Westmount. Other popular suburban areas include Lakewood and Nutana to the east of the river, and Confederation to the west.
- Saskatoon Population (2011)222,000
- 5 Year Population Change9.8%
- Number of Homes in Saskatoon104,000
Why Buy a Home in Saskatoon?
Saskatoon's economy is among the strongest in Canada. The city was pegged by the Conference Board of Canada as being number one in economic growth in 2012, with a growth rate of 4.2%. Its unemployment rate is around 5%, which is well below the national average.
Saskatoon is the largest city in Saskatchewan, and has plenty of schools, restaurants, sports facilities, and cultural institutions. In spite of its size, the city has more of a rural feel than other urban areas of its size. It's sure to appeal to people looking for the amenities of a large city combined with the laid-back charm of a small town.
Explore Saskatoon's Rich Cultural Heritage
Like most other modern Canadian Prairie cities, Saskatoon was inhabited for many thousands of years by First Nations before the arrival of Europeans.
European settlement in the Prairies took off after the passing of the Dominion Lands Act in 1872, which offered free land to new settlers in the area. Saskatoon was founded in 1882 as an alcohol-free "temperance colony" by fleeing from booze-ridden Toronto.
Agriculture quickly became a major industry for Saskatoon, and at the beginning of the twentieth century it was selected as the divisional centre for both the Canadian Pacific Railway and the Grand Trunk Pacific Railway. The economy and population boomed, and continue to grow today.
Getting around in Saskatoon
Saskatoon is easily navigable by public transit, car, bicycle, or foot. The transit system consists of 23 bus routes that serve every area of the city. A number of cab companies and car rental services are available, and the Trans-Canada Highway passes right through town.
Streets are numbered for convenience and run east-west, with avenues running north-south. The abundance of riverside trails such as Meewasin Trail make cycling and walking popular modes of transportation.
If you're up for it, you can even try your hand at canoeing or kayaking down the South Saskatchewan River.
Shopping and Amenities
Shopping in Saskatoon can be found all over town. The Midtown Plaza in the Core Neighbourhood Area is a popular spot, as is the Confederation Mall in the west end and the Market Mall in the east.
Saskatoon is an outdoorsy place, featuring seven golf courses, four outdoor pools, and a number of parks, skating rinks, tennis courts, and recreation centres. Its many clubs and associations include the Saskatoon Canoe Club and the Nordic Ski Club.
There are78 elementary schools and 14 high school students in Saskatoon, serving around 37,000 students. Its higher education institutions include the University of Saskatchewan and the Saskatchewan Indian Institute of Technologies.
Entertainment and Attractions in Saskatoon
Saskatoon has everything from festivals, to theatre, to galleries and museums.
For a glimpse into the city's history, check out the Saskatchewan Western Development Museum or the Railway Museum. The city's major arts venue is TCU Place, which hosts many concerts, performances, and events throughout the year.
Saskatoon hosts many festivals and activities over the summer, such as the Shakespeare on the Saskatchewan Festival, the Jazz Festival, and the Saskatoon Exhibition.
Ice hockey is the city's most popular sport. You can cheer on the Saskatoon Blades at the Credit Union Centre.