Real Estate Market Report for
Granisle, BC

Updated : Aug 2016
House
  • Median price $85,000
  • Monthly growth 52.05 %
  • Quarterly trend
  • Stock on market 2.68%
Apartment
  • Median price $27,450
  • Monthly growth -5.34 %
  • Quarterly trend
  • Stock on market 2.30%
Granisle Home Price

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Canada’s national median home listing price this month is $290,900, which means that Granisle is in the cheapest 20% for Canada.

With Granisle’s median house price at $85,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of British Columbia.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Granisle has fewer than average compared to the rest of the province

As one of British Columbia’s many potential real estate investment neighbourhoods, Granisle 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.

In Granisle, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

The median asking price in Granisle is $27,450, quite a drop from the median three months ago which was $27,950 .

The $27,450 price tag on the median Granisle home means that it is very cheap in comparison to the rest of the nation.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 1.

According to our stats, Granisle is the neighbourhood that has the 84th most properties available to real estate investors in British Columbia.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Granisle will hopefully provide an indicator to help you where to research in-depth

Over the last three months in Granisle, 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)
1 bedroom $25,000
3 bedrooms $85,000
4 bedrooms $72,950
Demographics
  • Population in 2011303
  • Population in 2006364
  • 2006 to 2011 population change (%)-16.8
  • Total private dwellings261
  • Private dwellings occupied by usual residents169
  • Population density per square kilometre7.2
  • Land area (square km)41.86
  • Age Characteristics
    Total population by age groups 305
    0 to 4 years 0
    5 to 9 years 5
    10 to 14 years 5
    15 to 19 years 10
    15 years 5
    16 years 0
    17 years 0
    18 years 5
    19 years 5
    20 to 24 years 10
    25 to 29 years 0
    30 to 34 years 10
    35 to 39 years 10
    40 to 44 years 10
    45 to 49 years 15
    50 to 54 years 15
    55 to 59 years 35
    60 to 64 years 60
    65 to 69 years 60
    70 to 74 years 30
    75 to 79 years 25
    80 to 84 years 10
    85 years and over 0
    Median age of the population 63.1
    % of the population aged 15 and over 98
  • Marital Status
    Total population 15 years and over by marital status 290
    Married or living with a common-law partner 190
    Married (and not separated) 155
    Living common-law 30
    Not married and not living with a common-law partner 100
    Single (never legally married) 45
    Separated 10
    Divorced 30
    Widowed 20
    Family Characteristics
    Total number of census families in private households 100
    Size of census family: 2 persons 90
    Size of census family: 3 persons 5
    Size of census family: 4 persons 0
    Size of census family: 5 or more persons 0
    Total number of census families in private households 100
    Total couple families by family structure and number of children 95
    Married couples 80
    Without children at home 70
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 5
    Common-law couples 15
    Without children at home 10
    With children at home 5
    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 5
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 30
    Under six years of age 0
    6 to 14 years 5
    15 to 17 years 5
    18 to 24 years 10
    25 years and over 5
    Average number of children at home per census family 0.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 295
    Number of persons not in census families 75
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 70
    Number of census family persons 225
    Average number of persons per census family 2.1
    Total number of persons 65 years and over in private households 115
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 30
    Number of census family persons aged 65 years and over 85
    Total number of private households by household type 170
    Census-family households 100
    One-family-only households 100
    Couple-family households 90
    Without children 85
    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 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 70
    One-person households 70
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 170
    Single-detached house 140
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 20
    Semi-detached house 0
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 0
    Total number of private households by household size 170
    1 person 70
    2 persons 90
    3 persons 5
    4 persons 0
    5 persons 5
    6 or more persons 0
    Number of persons in private households 295
    Average number of persons in private households 1.7
Census 2011

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