Estevan is a city located in southeastern Saskatchewan, with a population of approximately 11,000 residents. Known for its role in the energy sector, particularly coal mining and power generation, Estevan is often referred to as the “Energy City.” The city’s economy is closely tied to natural resources, providing employment opportunities and economic stability.
Founded in the late 19th century, Estevan has grown into a vibrant community with a mix of industrial, residential, and recreational amenities. The city offers a range of services and attractions, making it an appealing place to live and work.
Real Estate Market in the City
Market Characteristics
The real estate market in Estevan is diverse, with a focus on residential and commercial properties. The city’s economic activities in the energy sector contribute to a stable demand for housing. Property values in Estevan are generally moderate, reflecting its economic opportunities and community appeal.
Property Types Available and Prices
- Single-family homes: Prices for single-family homes in Estevan typically range from CAD 200,000 to CAD 400,000, depending on location, size, and condition.
- Condos: Condos in Estevan are increasing in their availability, especially in the newer developments, with prices ranging from CAD 150,000 to CAD 300,000.
- Townhouses: Also a growing option with prices for townhouses range from CAD 200,000 to CAD 450,000.
- Rental properties: Monthly rents range from CAD 800 to CAD 1,800, depending on size and location.
Attractions and Lifestyles
Estevan offers a variety of attractions and lifestyle options:
- Souris Valley Aquatic and Leisure Centre: A facility offering swimming, fitness, and recreational activities.
- Woodlawn Regional Park: A park providing camping, hiking, and outdoor activities.
- Energy City Exhibition: An annual event showcasing the city’s industrial and cultural heritage.
- Estevan Art Gallery and Museum: Features exhibits on local history and contemporary art.
Living in the City
Living in Estevan provides a balance of economic opportunities and community amenities. The city offers a high quality of life with access to local services, educational institutions, and recreational facilities. The cost of living is moderate, with affordable housing options available.
Residents enjoy a strong sense of community, industrial heritage, and outdoor activities. Estevan’s combination of economic vitality and community spirit makes it an appealing place to live.
Summary
Estevan is a city that offers a blend of economic opportunities, industrial heritage, and community amenities. Its real estate market provides a range of housing options at moderate prices, reflecting the city’s economic activities and community appeal. With its local attractions, strong sense of community, and recreational facilities, Estevan provides a desirable living experience in Saskatchewan.
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