The Saskatoon housing market experienced an uptick in activity at the start of the year, with more transactions processed than last year. Activity was down 60% in April due to COVID-19 with many buyers taking a wait and see approach.
Low housing supply and various economic factors remain the top concern for buyers in Saskatoon.
So, what are the best neighbourhoods in Saskatoon to buy a house? RE/MAX explores more than 300 of Canada’s most liveable hot spots in the new 2020 Liveability Report. Here are our top picks in Saskatoon.
10 Most Liveable Neighbourhoods in Saskatoon
- Central Business District
- Caswell Hill
- Greystone Heights
- Richmond Heights
- Mount Royal
- City Park
- Hudson Bay Park
Most Liveable Neighbourhoods in Saskatoon
The most liveable neighbourhoods in Saskatoon, as noted above, all offer great access to various neighbourhood amenities like green spaces, parks, closeness to retail, and walkability.
Saskatoon Liveability Trends
Liveability in Saskatoon is very good with dozens of great parks, green spaces and dog parks scattered throughout the city. Along with walking and biking paths, there is a large variety of liveability factors for homebuyers to take into consideration when looking to buy in Saskatoon.
Saskatoon at a Glance
Saskatoon is the largest city in Saskatchewan and is the province’s economic hub. The economy is centered on potash, oil and agriculture. The city sits on the South Saskatchewan River and is characterized by nine river crossings, which have earned Saskatoon the nicknames of “Paris of the Prairies” and “Bridge City”. With 46 inner-city neighbourhoods ranging from new development to historical sites, Saskatoon is a city full of character.
Canada’s Most Liveable Neighbourhoods
Liveability is about quality of life at a local level. A neighbourhood’s dynamism, or lack thereof, involves a delicate convergence between independent small businesses, public institutions, arts and culture, green spaces and housing, to name a few. The COVID-19 tragedy will impact neighbourhood ecosystems differently across the country, just as the virus itself has. Yet, civic/local pride has been proliferating throughout this crisis in inspiring ways, giving Canadians hope that micro-economies, including real estate, have the resilience to be restored in the near and mid-term.
To learn more about liveability in Canada’s biggest housing markets, read the RE/MAX 2020 Liveability Report.
Saskatoon is Saskatchewan’s largest city and and the province’s economic hub centred on potash, oil and agriculture. The city straddles the South Saskatchewan River and is characterized by its nine river crossings, which earned it the nicknames “Paris of the Prairies” and “Bridge City.” Saskatoon boasts 46 inner-city neighbourhoods, ranging from new developments to historical sites, and each with its own distinct character.
We know that Canadian’s truly celebrate the liveabililty factors of their neighbourhood – the qualities that give homeowners the true satisfaction of their home within the context of a neighbourhood. In fact a Leger survey conducted by RE/MAX revealed that 89% of Canadians recommend their neighbourhoods to others. Unlike your home, neighbourhoods cannot be changed, so it is important to assess what qualities are important to you before you purchase. Luckily, when it comes to Saskatoon, there is a lot of celebrate in terms of liveability.
A survey of RE/MAX Brokers revealed that the best places to live in Saskatoon are Nutana, Stonebridge and City Park, which rank as the top three neighbourhoods in Saskatoon for access to green spaces and parks, walkability, retail and restaurants and the ease of getting around/public transit.
In the same Leger survey, six-in-10 Canadians put easy access to shopping, dining and green spaces at the top of their liveability criteria. Proximity to public transit (36 per cent), work (30 per cent) and to preferred schools (18 per cent), as well as cultural and community centres (18 per cent) fall out of the top five neighbourhood wants and expectations. So how does Saskatoon stack up?