$45,000
Lot D Breen AVENUE
Estevan Rm No. 5, Saskatchewan
Saskatchewan
Estevan Rm No. 5 Real Estate
Browse homes for sale in Estevan Rm No. 5 • Median $357,000
$357,000Median Price
30Avg Days on Market
20Detached4Farm1Leasehold
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About Estevan Rm No. 5 Real Estate
Estevan Rm No. 5 is a vibrant rural municipality located in the heart of Saskatchewan, just south of the city of Estevan. Established as a rural municipality in the early 20th century, it has evolved into a community that combines the charm of rural living with proximity to urban amenities. This area is characterized by its wide-open spaces, scenic farmland, and a strong sense of community. Residents enjoy a peaceful lifestyle surrounded by nature, making it an ideal location for those who appreciate outdoor activities and a slower pace of life. What sets Estevan Rm No. 5 apart is its commitment to preserving its rich agricultural heritage while embracing modern development, making it a unique blend of tradition and progress.
The character of Estevan Rm No. 5 is defined by its welcoming atmosphere, where neighbors know each other and community events are a regular occurrence. The area's unique landscapes, including picturesque farmland and rolling hills, create a beautiful backdrop for daily life. Local initiatives and community gatherings foster a strong sense of belonging, making it an attractive option for families and individuals alike. The area's development plans are focused on sustainable growth, ensuring that the charm of rural living is maintained while new opportunities arise.
With a median listing price of $353,500 and an average of 30 days on the market, Estevan Rm No. 5 offers a range of housing options from quaint country homes to modern residences. The appeal of this area extends to various buyer types, including first-time homebuyers looking for affordable options, families seeking space to grow, and retirees wanting a tranquil lifestyle. The combination of affordability and quality of life makes Estevan Rm No. 5 a hidden gem in the Saskatchewan real estate market.
8 active listings with a median price of $353,500.
Lifestyle & Community
Living in Estevan Rm No. 5 offers a unique blend of rural tranquility and community spirit. Residents enjoy a slower pace of life, with ample opportunities for outdoor activities such as hiking, biking, and gardening. The area hosts several community events throughout the year, bringing people together for celebrations, farmers' markets, and seasonal festivals. The local culture is deeply rooted in agricultural traditions, yet it also embraces modern lifestyles, making it a harmonious place for all ages. This community-focused lifestyle fosters strong relationships among residents and a supportive environment for families.
Local Amenities
- Community Center
- Local Grocery Store
- Post Office
- Pharmacy
- Sports Fields
- Parks and Recreational Areas
- Public Library
- Gas Stations
- Schools (K-12)
- Healthcare Facilities
- Dining Options
- Access to Major Highways
Points of Interest
- Estevan Art Gallery & Museum
- Souris Valley Aquatic and Leisure Centre
- Estevan Curling Club
- The Estevan Motor Speedway
- Crescent Point Energy Park
- Souris River
- Local Farms and Markets
- Estevan's Historic Downtown
- Wakaw Lake
- Surrounding Nature Trails
Market Overview
The real estate market in Estevan Rm No. 5 is currently witnessing a healthy level of activity with 8 active listings and a median listing price of $353,500. Homes are averaging 30 days on the market, indicating a brisk pace of sales. This suggests a balanced market where buyers have a variety of options while sellers can expect a reasonable timeframe for selling. As demand continues to grow, especially among families and retirees looking for affordable housing, potential buyers should be prepared to act quickly, as properties in this desirable area may not last long.
Investment Outlook
Estevan Rm No. 5 presents promising investment opportunities, particularly for those looking to enter the rental market or invest in land development. The area’s affordability attracts a steady influx of new residents, contributing to a growing rental demand. Recent development trends indicate a shift towards modern housing, catering to the needs of a diverse population. Investors can benefit from the appreciation potential as the area continues to develop while maintaining its appealing rural charm.
Ideal For
Estevan Rm No. 5 is an ideal location for first-time buyers seeking affordable housing options, families wanting a safe and spacious environment, and retirees looking for a tranquil lifestyle. Additionally, investors will find potential in the growing rental market and land development opportunities. With its mix of community spirit and rural charm, Estevan Rm No. 5 caters to a wide range of buyer needs.
Living in Estevan Rm No. 5
Lifestyle
Living in Estevan Rm No. 5 offers a unique blend of rural tranquility and community spirit. Residents enjoy a slower pace of life, with ample opportunities for outdoor activities such as hiking, biking, and gardening. The area hosts several community events throughout the year, bringing people together for celebrations, farmers' markets, and seasonal festivals. The local culture is deeply rooted in agricultural traditions, yet it also embraces modern lifestyles, making it a harmonious place for all ages. This community-focused lifestyle fosters strong relationships among residents and a supportive environment for families.
Local Amenities
Community CenterLocal Grocery StorePost OfficePharmacySports FieldsParks and Recreational AreasPublic LibraryGas StationsSchools (K-12)Healthcare FacilitiesDining OptionsAccess to Major Highways
Market Insights
The real estate market in Estevan Rm No. 5 is currently witnessing a healthy level of activity with 8 active listings and a median listing price of $353,500. Homes are averaging 30 days on the market, indicating a brisk pace of sales. This suggests a balanced market where buyers have a variety of options while sellers can expect a reasonable timeframe for selling. As demand continues to grow, especially among families and retirees looking for affordable housing, potential buyers should be prepared to act quickly, as properties in this desirable area may not last long.
Investment Potential
Estevan Rm No. 5 presents promising investment opportunities, particularly for those looking to enter the rental market or invest in land development. The area’s affordability attracts a steady influx of new residents, contributing to a growing rental demand. Recent development trends indicate a shift towards modern housing, catering to the needs of a diverse population. Investors can benefit from the appreciation potential as the area continues to develop while maintaining its appealing rural charm.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
7
$200K – $400K
7
$400K – $600K
6
$600K – $800K
3
$1.0M – $1.5M
1
$3.0M+
1
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Frequently Asked Questions About Estevan Rm No. 5
There are currently 26 active residential listings in Estevan Rm No. 5. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.