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 2.86%
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 2011811
  • Population in 2006760
  • 2006 to 2011 population change (%)6.7
  • Total private dwellings384
  • Private dwellings occupied by usual residents380
  • Population density per square kilometre304.9
  • Land area (square km)2.66
  • Age Characteristics
    Total population by age groups 810
    0 to 4 years 50
    5 to 9 years 45
    10 to 14 years 55
    15 to 19 years 40
    15 years 5
    16 years 10
    17 years 5
    18 years 10
    19 years 10
    20 to 24 years 35
    25 to 29 years 45
    30 to 34 years 25
    35 to 39 years 35
    40 to 44 years 40
    45 to 49 years 45
    50 to 54 years 55
    55 to 59 years 40
    60 to 64 years 65
    65 to 69 years 65
    70 to 74 years 45
    75 to 79 years 35
    80 to 84 years 45
    85 years and over 55
    Median age of the population 48.9
    % of the population aged 15 and over 82
  • Marital Status
    Total population 15 years and over by marital status 665
    Married or living with a common-law partner 365
    Married (and not separated) 295
    Living common-law 65
    Not married and not living with a common-law partner 300
    Single (never legally married) 130
    Separated 20
    Divorced 40
    Widowed 110
    Family Characteristics
    Total number of census families in private households 210
    Size of census family: 2 persons 115
    Size of census family: 3 persons 40
    Size of census family: 4 persons 45
    Size of census family: 5 or more persons 15
    Total number of census families in private households 215
    Total couple families by family structure and number of children 175
    Married couples 140
    Without children at home 75
    With children at home 65
    1 child 20
    2 children 30
    3 or more children 15
    Common-law couples 35
    Without children at home 20
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 40
    Female parent 35
    1 child 20
    2 children 10
    3 or more children 5
    Male parent 5
    1 child 0
    2 children 5
    3 or more children 0
    Total children in census families in private households 210
    Under six years of age 60
    6 to 14 years 85
    15 to 17 years 15
    18 to 24 years 25
    25 years and over 20
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 785
    Number of persons not in census families 185
    Living with relatives 20
    Living with non-relatives only 5
    Living alone 160
    Number of census family persons 600
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 215
    Number of persons not in census families aged 65 years and over 105
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 100
    Number of census family persons aged 65 years and over 105
    Total number of private households by household type 380
    Census-family households 210
    One-family-only households 200
    Couple-family households 170
    Without children 90
    With children 80
    Lone-parent-family households 30
    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 5
    Two-or-more-family households 5
    Non-census-family households 170
    One-person households 160
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 380
    Single-detached house 340
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 35
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 30
    Other single-attached house 0
    Total number of private households by household size 380
    1 person 160
    2 persons 115
    3 persons 40
    4 persons 40
    5 persons 15
    6 or more persons 0
    Number of persons in private households 785
    Average number of persons in private households 2.1
Census 2011

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