Real Estate Market Report for
Rivers, MB

Updated : Aug 2016
House
  • Median price $198,500
  • Monthly growth 7.29 %
  • Quarterly trend
  • Stock on market 3.80%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Rivers Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Rivers is number 2955 putting it in the bottom half of the country .

With Rivers’s median house price at $198,500 in Aug , it is about average 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.

Manitoba has the sixth least amount of properties available to property investors, with Rivers having 43th most in the province, out of a total of 250.

Will prices rise across the next year in in Rivers? There are a number of real estate indicators to consider.

Over the last three months in Rivers, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Is Rivers a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

If you are looking at investment properties in Rivers, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
2 bedrooms $119,000
3 bedrooms $339,900
4 bedrooms $259,900
Demographics
  • Population in 20111189
  • Population in 20061193
  • 2006 to 2011 population change (%)-0.3
  • Total private dwellings526
  • Private dwellings occupied by usual residents503
  • Population density per square kilometre149.3
  • Land area (square km)7.97
  • Age Characteristics
    Total population by age groups 1185
    0 to 4 years 90
    5 to 9 years 75
    10 to 14 years 80
    15 to 19 years 80
    15 years 15
    16 years 15
    17 years 15
    18 years 20
    19 years 15
    20 to 24 years 65
    25 to 29 years 75
    30 to 34 years 70
    35 to 39 years 60
    40 to 44 years 80
    45 to 49 years 80
    50 to 54 years 60
    55 to 59 years 65
    60 to 64 years 70
    65 to 69 years 70
    70 to 74 years 40
    75 to 79 years 30
    80 to 84 years 50
    85 years and over 55
    Median age of the population 40.2
    % of the population aged 15 and over 80
  • Marital Status
    Total population 15 years and over by marital status 955
    Married or living with a common-law partner 575
    Married (and not separated) 490
    Living common-law 85
    Not married and not living with a common-law partner 375
    Single (never legally married) 205
    Separated 20
    Divorced 55
    Widowed 95
    Family Characteristics
    Total number of census families in private households 330
    Size of census family: 2 persons 180
    Size of census family: 3 persons 55
    Size of census family: 4 persons 70
    Size of census family: 5 or more persons 25
    Total number of census families in private households 335
    Total couple families by family structure and number of children 280
    Married couples 235
    Without children at home 130
    With children at home 110
    1 child 35
    2 children 50
    3 or more children 25
    Common-law couples 45
    Without children at home 20
    With children at home 25
    1 child 15
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 55
    Female parent 40
    1 child 25
    2 children 5
    3 or more children 5
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 330
    Under six years of age 100
    6 to 14 years 125
    15 to 17 years 50
    18 to 24 years 50
    25 years and over 5
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 1150
    Number of persons not in census families 205
    Living with relatives 30
    Living with non-relatives only 15
    Living alone 160
    Number of census family persons 945
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 220
    Number of persons not in census families aged 65 years and over 85
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 80
    Number of census family persons aged 65 years and over 140
    Total number of private households by household type 500
    Census-family households 330
    One-family-only households 315
    Couple-family households 265
    Without children 140
    With children 125
    Lone-parent-family households 50
    Other family households 20
    One-family households with persons not in a census family 15
    Couple-family households 10
    Without children 5
    With children 10
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 175
    One-person households 160
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 505
    Single-detached house 425
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 80
    Semi-detached house 5
    Row house 55
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 5
    Total number of private households by household size 505
    1 person 165
    2 persons 180
    3 persons 55
    4 persons 70
    5 persons 25
    6 or more persons 5
    Number of persons in private households 1150
    Average number of persons in private households 2.3
Census 2011

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