Real Estate Market Report for
Benito, MB

Updated : Aug 2016
House
  • Median price $79,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 2.42%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Benito Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

When looking across the province, Benito is the 244th most expensive in Manitoba.

While the median for Manitoba is $264,900 , which means that Benito’s median price is $79,900 a lot lower than the rest of the province.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

From our data, it appears that neighbourhood is number 2904th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.

When we look at the data we have, it can help with trying to establish whether or not Benito is a good investment target.

In Benito, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

It’s never an exact art, but to try to forecast how property is going to appreciate in Benito for investors, it’s important to look at data like:

If you are looking at investment properties in Benito, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $64,900
Demographics
  • Population in 2011377
  • Population in 2006370
  • 2006 to 2011 population change (%)1.9
  • Total private dwellings207
  • Private dwellings occupied by usual residents175
  • Population density per square kilometre409.6
  • Land area (square km)0.92
  • Age Characteristics
    Total population by age groups 380
    0 to 4 years 20
    5 to 9 years 10
    10 to 14 years 30
    15 to 19 years 20
    15 years 5
    16 years 5
    17 years 5
    18 years 0
    19 years 5
    20 to 24 years 20
    25 to 29 years 15
    30 to 34 years 15
    35 to 39 years 20
    40 to 44 years 25
    45 to 49 years 15
    50 to 54 years 25
    55 to 59 years 20
    60 to 64 years 20
    65 to 69 years 25
    70 to 74 years 25
    75 to 79 years 25
    80 to 84 years 15
    85 years and over 30
    Median age of the population 50.1
    % of the population aged 15 and over 83.3
  • Marital Status
    Total population 15 years and over by marital status 315
    Married or living with a common-law partner 165
    Married (and not separated) 145
    Living common-law 20
    Not married and not living with a common-law partner 145
    Single (never legally married) 70
    Separated 10
    Divorced 15
    Widowed 55
    Family Characteristics
    Total number of census families in private households 100
    Size of census family: 2 persons 55
    Size of census family: 3 persons 15
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 10
    Total number of census families in private households 100
    Total couple families by family structure and number of children 85
    Married couples 75
    Without children at home 45
    With children at home 30
    1 child 10
    2 children 15
    3 or more children 10
    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 5
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 95
    Under six years of age 25
    6 to 14 years 40
    15 to 17 years 15
    18 to 24 years 10
    25 years and over 5
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 365
    Number of persons not in census families 80
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 75
    Number of census family persons 280
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 105
    Number of persons not in census families aged 65 years and over 45
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 45
    Number of census family persons aged 65 years and over 60
    Total number of private households by household type 175
    Census-family households 95
    One-family-only households 95
    Couple-family households 80
    Without children 45
    With children 35
    Lone-parent-family households 10
    Other family households 5
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 80
    One-person households 75
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 175
    Single-detached house 155
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 20
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 15
    Other single-attached house 0
    Total number of private households by household size 175
    1 person 75
    2 persons 55
    3 persons 20
    4 persons 20
    5 persons 10
    6 or more persons 0
    Number of persons in private households 360
    Average number of persons in private households 2.1
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?