Real Estate Market Report for
Riverside, MB

Updated : Aug 2016
House
  • Median price $89,900
  • Monthly growth -40.85 %
  • Quarterly trend
  • Stock on market 3.67%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Riverside Home Price

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Want a cheaply priced house? Then at $89,900 this month, Riverside, Manitoba do not consider price wise.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.

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

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Riverside there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

Can we guarantee how well Riverside is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

In Riverside, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
1 bedroom $276,450
2 bedrooms $74,450
3 bedrooms $359,000
Demographics
  • Population in 2011780
  • Population in 2006809
  • 2006 to 2011 population change (%)-3.6
  • Total private dwellings354
  • Private dwellings occupied by usual residents271
  • Population density per square kilometre1.4
  • Land area (square km)577.34
  • Age Characteristics
    Total population by age groups 780
    0 to 4 years 45
    5 to 9 years 40
    10 to 14 years 45
    15 to 19 years 70
    15 years 15
    16 years 15
    17 years 20
    18 years 15
    19 years 10
    20 to 24 years 35
    25 to 29 years 40
    30 to 34 years 35
    35 to 39 years 40
    40 to 44 years 25
    45 to 49 years 75
    50 to 54 years 75
    55 to 59 years 70
    60 to 64 years 65
    65 to 69 years 40
    70 to 74 years 30
    75 to 79 years 25
    80 to 84 years 10
    85 years and over 10
    Median age of the population 46.2
    % of the population aged 15 and over 82.9
  • Marital Status
    Total population 15 years and over by marital status 645
    Married or living with a common-law partner 420
    Married (and not separated) 370
    Living common-law 55
    Not married and not living with a common-law partner 225
    Single (never legally married) 170
    Separated 10
    Divorced 25
    Widowed 20
    Family Characteristics
    Total number of census families in private households 190
    Size of census family: 2 persons 110
    Size of census family: 3 persons 30
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 10
    Total number of census families in private households 190
    Total couple families by family structure and number of children 180
    Married couples 155
    Without children at home 85
    With children at home 70
    1 child 25
    2 children 30
    3 or more children 10
    Common-law couples 30
    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 10
    Female parent 10
    1 child 10
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 155
    Under six years of age 40
    6 to 14 years 45
    15 to 17 years 30
    18 to 24 years 30
    25 years and over 15
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 615
    Number of persons not in census families 85
    Living with relatives 10
    Living with non-relatives only 0
    Living alone 75
    Number of census family persons 530
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 100
    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 35
    Number of census family persons aged 65 years and over 70
    Total number of private households by household type 270
    Census-family households 195
    One-family-only households 185
    Couple-family households 175
    Without children 100
    With children 70
    Lone-parent-family households 15
    Other family households 5
    One-family households with persons not in a census family 5
    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 80
    One-person households 75
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 270
    Single-detached house 270
    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 270
    1 person 80
    2 persons 110
    3 persons 35
    4 persons 35
    5 persons 15
    6 or more persons 0
    Number of persons in private households 615
    Average number of persons in private households 2.3
Census 2011

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