Real Estate Market Report for
Buffalo Point, MB

Updated : Aug 2016
House
  • Median price $249,000
  • Monthly growth 55.72 %
  • Quarterly trend
  • Stock on market 1.59%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Buffalo Point 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

Canada’s national median home listing price this month is $290,900, which means that Buffalo Point is close to average for Canada.

When our research team crunched the numbers we calculated that Buffalo Point has a median home price of $249,000.

Manitoba has the sixth least amount of properties available to property investors, with Buffalo Point having 140th most in the province, out of a total of 250.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Buffalo Point there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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.

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $167,200
Demographics
  • Population in 2011162
  • Population in 2006141
  • 2006 to 2011 population change (%)14.9
  • Total private dwellings314
  • Private dwellings occupied by usual residents84
  • Population density per square kilometre9.9
  • Land area (square km)16.3
  • Age Characteristics
    Total population by age groups 160
    0 to 4 years 5
    5 to 9 years 5
    10 to 14 years 5
    15 to 19 years 10
    15 years 0
    16 years 5
    17 years 0
    18 years 5
    19 years 0
    20 to 24 years 5
    25 to 29 years 5
    30 to 34 years 0
    35 to 39 years 5
    40 to 44 years 5
    45 to 49 years 10
    50 to 54 years 15
    55 to 59 years 20
    60 to 64 years 25
    65 to 69 years 20
    70 to 74 years 15
    75 to 79 years 5
    80 to 84 years 0
    85 years and over 0
    Median age of the population 58
    % of the population aged 15 and over 92.6
  • Marital Status
    Total population 15 years and over by marital status 150
    Married or living with a common-law partner 115
    Married (and not separated) 110
    Living common-law 5
    Not married and not living with a common-law partner 40
    Single (never legally married) 25
    Separated 5
    Divorced 5
    Widowed 5
    Family Characteristics
    Total number of census families in private households 65
    Size of census family: 2 persons 55
    Size of census family: 3 persons 5
    Size of census family: 4 persons 5
    Size of census family: 5 or more persons 5
    Total number of census families in private households 65
    Total couple families by family structure and number of children 55
    Married couples 50
    Without children at home 50
    With children at home 5
    1 child 0
    2 children 0
    3 or more children 0
    Common-law couples 0
    Without children at home 5
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 20
    Under six years of age 5
    6 to 14 years 10
    15 to 17 years 5
    18 to 24 years 5
    25 years and over 0
    Average number of children at home per census family 0.3
  • Household And Dwelling Characteristics
    Total number of persons in private households 165
    Number of persons not in census families 20
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons 140
    Average number of persons per census family 2.2
    Total number of persons 65 years and over in private households 45
    Number of persons not in census families aged 65 years and over 5
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 5
    Number of census family persons aged 65 years and over 40
    Total number of private households by household type 85
    Census-family households 65
    One-family-only households 60
    Couple-family households 55
    Without children 50
    With children 5
    Lone-parent-family households 5
    Other family households 5
    One-family households with persons not in a census family 0
    Couple-family households 5
    Without children 0
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 20
    One-person households 20
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 85
    Single-detached house 80
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 10
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 85
    1 person 20
    2 persons 55
    3 persons 5
    4 persons 0
    5 persons 5
    6 or more persons 0
    Number of persons in private households 160
    Average number of persons in private households 1.9
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?