Real Estate Market Report for
Gilbert Plains, MB

Updated : Aug 2016
House
  • Median price $89,900
  • Monthly growth 4.05 %
  • Quarterly trend
  • Stock on market 3.24%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Gilbert Plains Home Price

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When looking across the province, Gilbert Plains is the 236th most expensive in Manitoba.

In Aug the median listed house price of $89,900 in Gilbert Plains was relatively low compared to the rest of Manitoba.

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

Across Manitoba Gilbert Plains has the 70th most properties on offer with 250.

As one of Manitoba’s many potential real estate investment neighbourhoods, Gilbert Plains 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 Gilbert Plains there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
2 bedrooms $69,900
3 bedrooms $133,900
Demographics
  • Population in 2011812
  • Population in 2006834
  • 2006 to 2011 population change (%)-2.6
  • Total private dwellings340
  • Private dwellings occupied by usual residents310
  • Population density per square kilometre0.8
  • Land area (square km)1049.14
  • Age Characteristics
    Total population by age groups 810
    0 to 4 years 35
    5 to 9 years 50
    10 to 14 years 85
    15 to 19 years 65
    15 years 10
    16 years 15
    17 years 20
    18 years 10
    19 years 10
    20 to 24 years 30
    25 to 29 years 25
    30 to 34 years 45
    35 to 39 years 55
    40 to 44 years 50
    45 to 49 years 75
    50 to 54 years 85
    55 to 59 years 80
    60 to 64 years 45
    65 to 69 years 35
    70 to 74 years 25
    75 to 79 years 20
    80 to 84 years 5
    85 years and over 5
    Median age of the population 41.9
    % of the population aged 15 and over 79.3
  • Marital Status
    Total population 15 years and over by marital status 640
    Married or living with a common-law partner 455
    Married (and not separated) 410
    Living common-law 45
    Not married and not living with a common-law partner 185
    Single (never legally married) 120
    Separated 10
    Divorced 25
    Widowed 30
    Family Characteristics
    Total number of census families in private households 245
    Size of census family: 2 persons 125
    Size of census family: 3 persons 35
    Size of census family: 4 persons 50
    Size of census family: 5 or more persons 35
    Total number of census families in private households 245
    Total couple families by family structure and number of children 225
    Married couples 205
    Without children at home 105
    With children at home 100
    1 child 20
    2 children 45
    3 or more children 30
    Common-law couples 20
    Without children at home 15
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 20
    Female parent 15
    1 child 5
    2 children 5
    3 or more children 0
    Male parent 10
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 265
    Under six years of age 45
    6 to 14 years 125
    15 to 17 years 45
    18 to 24 years 40
    25 years and over 10
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 810
    Number of persons not in census families 70
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 65
    Number of census family persons 740
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 90
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 25
    Number of census family persons aged 65 years and over 70
    Total number of private households by household type 310
    Census-family households 245
    One-family-only households 240
    Couple-family households 225
    Without children 115
    With children 105
    Lone-parent-family households 15
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 65
    One-person households 60
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 310
    Single-detached house 300
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    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 310
    1 person 65
    2 persons 125
    3 persons 35
    4 persons 50
    5 persons 20
    6 or more persons 10
    Number of persons in private households 810
    Average number of persons in private households 2.6
Census 2011

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