When looking across the province, Great Falls is the 217th most expensive in Manitoba.
While the median for Manitoba is $264,900 , which means that Great Falls’s median price is $119,900 a lot lower than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Great Falls has fewer than average compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Great Falls is a good investment target.
In Great Falls, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
As one of Manitoba’s many potential real estate investment neighbourhoods, Great Falls 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.