Real Estate Market Report for
Grand Manan, NB

Updated : Aug 2016
House
  • Median price $159,000
  • Monthly growth 6.03 %
  • Quarterly trend
  • Stock on market 35.00%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Grand Manan Home Price

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Want a cheaply priced house? Then at $159,000 this month, Grand Manan, New Brunswick is a possibility for you price wise.

This month we track 27th neighbourhoods in New Brunswick, and Grand Manan has the 27th most choice available for real estate investors.

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Grand Manan, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 39, this month we show 35.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Grand Manan 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.

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $125,000
3 bedrooms $229,000
4 bedrooms $162,500
Demographics
  • Population in 2011162
  • Population in 2006190
  • 2006 to 2011 population change (%)-14.7
  • Total private dwellings100
  • Private dwellings occupied by usual residents72
  • Population density per square kilometre26.1
  • Land area (square km)6.2
  • Age Characteristics
    Total population by age groups 165
    0 to 4 years 10
    5 to 9 years 10
    10 to 14 years 10
    15 to 19 years 5
    15 years 5
    16 years 0
    17 years 0
    18 years 0
    19 years 5
    20 to 24 years 5
    25 to 29 years 5
    30 to 34 years 10
    35 to 39 years 5
    40 to 44 years 10
    45 to 49 years 10
    50 to 54 years 10
    55 to 59 years 20
    60 to 64 years 15
    65 to 69 years 10
    70 to 74 years 5
    75 to 79 years 5
    80 to 84 years 10
    85 years and over 0
    Median age of the population 49
    % of the population aged 15 and over 81.5
  • Marital Status
    Total population 15 years and over by marital status 130
    Married or living with a common-law partner 85
    Married (and not separated) 85
    Living common-law 5
    Not married and not living with a common-law partner 45
    Single (never legally married) 20
    Separated 0
    Divorced 5
    Widowed 15
    Family Characteristics
    Total number of census families in private households 50
    Size of census family: 2 persons 30
    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 50
    Total couple families by family structure and number of children 45
    Married couples 40
    Without children at home 30
    With children at home 15
    1 child 5
    2 children 5
    3 or more children 5
    Common-law couples 0
    Without children at home 0
    With children at home 5
    1 child 0
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 5
    Female parent 0
    1 child 5
    2 children 5
    3 or more children 5
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 45
    Under six years of age 10
    6 to 14 years 20
    15 to 17 years 5
    18 to 24 years 5
    25 years and over 5
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 165
    Number of persons not in census families 25
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 25
    Number of census family persons 135
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 30
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 15
    Total number of private households by household type 70
    Census-family households 50
    One-family-only households 45
    Couple-family households 45
    Without children 25
    With children 15
    Lone-parent-family households 5
    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 25
    One-person households 25
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 70
    Single-detached house 70
    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 75
    1 person 20
    2 persons 30
    3 persons 5
    4 persons 5
    5 persons 5
    6 or more persons 0
    Number of persons in private households 160
    Average number of persons in private households 2.3
Census 2011

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