Real Estate Market Report for
Bay de Verde, NL

Updated : Aug 2016
House
  • Median price $49,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 1.45%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Bay de Verde Home Price

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Across the country as a whole, Bay de Verde is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The median house price listed in Bay de Verde this month is $49,900.

From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.

Will prices rise across the next year in in Bay de Verde? There are a number of real estate indicators to consider.

Over the last three months in Bay de Verde, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Bay de Verde needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bay de Verde there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Demographics
  • Population in 2011398
  • Population in 2006470
  • 2006 to 2011 population change (%)-15.3
  • Total private dwellings207
  • Private dwellings occupied by usual residents170
  • Population density per square kilometre30
  • Land area (square km)13.28
  • Age Characteristics
    Total population by age groups 400
    0 to 4 years 10
    5 to 9 years 15
    10 to 14 years 20
    15 to 19 years 15
    15 years 5
    16 years 5
    17 years 0
    18 years 5
    19 years 5
    20 to 24 years 15
    25 to 29 years 15
    30 to 34 years 20
    35 to 39 years 20
    40 to 44 years 20
    45 to 49 years 30
    50 to 54 years 50
    55 to 59 years 30
    60 to 64 years 55
    65 to 69 years 35
    70 to 74 years 20
    75 to 79 years 15
    80 to 84 years 5
    85 years and over 5
    Median age of the population 52
    % of the population aged 15 and over 90.1
  • Marital Status
    Total population 15 years and over by marital status 355
    Married or living with a common-law partner 210
    Married (and not separated) 195
    Living common-law 15
    Not married and not living with a common-law partner 140
    Single (never legally married) 85
    Separated 10
    Divorced 15
    Widowed 30
    Family Characteristics
    Total number of census families in private households 125
    Size of census family: 2 persons 70
    Size of census family: 3 persons 35
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 0
    Total number of census families in private households 125
    Total couple families by family structure and number of children 105
    Married couples 100
    Without children at home 60
    With children at home 45
    1 child 20
    2 children 15
    3 or more children 0
    Common-law couples 10
    Without children at home 5
    With children at home 5
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 20
    Female parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 5
    3 or more children 5
    Total children in census families in private households 100
    Under six years of age 15
    6 to 14 years 30
    15 to 17 years 10
    18 to 24 years 20
    25 years and over 30
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 395
    Number of persons not in census families 65
    Living with relatives 15
    Living with non-relatives only 10
    Living alone 40
    Number of census family persons 335
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 80
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 10
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 55
    Total number of private households by household type 170
    Census-family households 125
    One-family-only households 115
    Couple-family households 100
    Without children 55
    With children 40
    Lone-parent-family households 15
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 45
    One-person households 35
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 170
    Single-detached house 170
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 170
    1 person 40
    2 persons 70
    3 persons 35
    4 persons 20
    5 persons 5
    6 or more persons 0
    Number of persons in private households 400
    Average number of persons in private households 2.3
Census 2011

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