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Property prices in Torch River No. 488 · Census 2021 and Statistics Canada

Owners in Torch River No. 488 value their homes 23% below the median of Saskatchewan’s towns

The 2021 census gives $250,000 as the median value; Saskatchewan’s towns come to $324,000. There is no public record of sale prices in Saskatchewan, which leaves the census value as the guide for Torch River No. 488. Assessors valued the median residential property at $99,200 for 2024.

Median home value
$250K
owners’ estimate, census 2021
average $260K
Median assessed value
$99K
all residential, 2024
Owner households
380
census 2021
96% of households
What homes are worth

Torch River No. 488’s homes, by two sources

Two sources, each set against Saskatchewan’s towns only: provinces measure value differently, so they don’t line up across borders. Self-assessed in May 2021, these values predate the rate rises that followed.

Census 2021$250K

median, owners’ estimate

Average
$260K
Owners
380
Saskatchewan’s towns
$324K
The typical Canadian town
$406K
Assessed, 2024$99K

all residential

Saskatchewan’s towns
$219K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

Torch River No. 488’s detached houses are assessed 45% below the median of Saskatchewan’s towns

Assessors listed 810 residential properties in Torch River No. 488 for 2024, 85% of them detached houses.

Assessed value

Median assessment by type, 2024 the tick is the median of Saskatchewan’s towns

Detached houses$130K
Mobile homes$55K
Multi-unit properties$194K
The mix of properties
Detached houses85%
Multi-unit properties9%
Mobile homes6%
1,340 sq ft
living area of the median detached house (Saskatchewan’s towns: 1,650 sq ft)

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Saskatchewan’s towns with their own figure; assessments compare within a province only.

The homes

More homes in poor repair than most: 13% in Torch River No. 488 (Saskatchewan’s towns: 6%)

Torch River No. 488 had 545 occupied homes at the 2021 census, 97% of them single-detached houses. Half went up before 1981.

When they were built

Homes by period of construction the tick is the median of Saskatchewan’s towns

Before 196128%
1961–198034%
1981–200021%
2001–201510%
2016–20216%
What kind of home

Homes by kind

Single-detached houses97%
Semi-detached housesunder 1%
Row housesunder 1%
Flats in a duplexunder 1%
Apartments, under 5 storeysunder 1%
Movable dwellings3%
Against the median town of the province and of Canada
Torch River No. 488SaskatchewanCanada
Condominiumsunder 1%10%8%
Needing major repairs13%6%6%
Too small for the household3%4%3%
Households in core housing need8%7%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

Across Saskatchewan

Torch River No. 488 is cheaper than most of Saskatchewan’s towns: 23% under their $324,000 median

104 of Saskatchewan’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Lower values near Torch River No. 488: Nipawin, Moose Range No. 486 and Tisdale

Next to Torch River No. 488: 2021 census values and the share of owners. Distances here run 19–78 km: that is how far the nearest places with figures are from Torch River No. 488.

NipawinMoose Range No. 486TisdaleMelfortCandle LakeNipawinMoose Range No. 486TisdaleMelfortCandle LakeTorch River No. 488
Prices next door
TownMedian home valueAverageOwnerskm
Torch River No. 488$250K$260K96%
Nipawin$180K$205K69%18.8
Moose Range No. 486$200K$224K90%49.1
Tisdale$200K$215K74%64.3
Melfort$240K$253K66%65.5
Candle Lake$400K$436K94%77.9

Census 2021 values; km.

Questions about property prices in Torch River No. 488

Is Torch River No. 488 expensive for Saskatchewan?

Below the norm for Saskatchewan’s towns, whose median home is worth $324,000; Torch River No. 488’s is worth less.

How many households in Torch River No. 488 are in core housing need?

8% of Torch River No. 488’s households, near the 7% of Saskatchewan’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).