Real Estate Market Report for
Swan River, MB

Updated : Aug 2016
House
  • Median price $162,450
  • Monthly growth -16.24 %
  • Quarterly trend
  • Stock on market 2.47%
Apartment
  • Median price $265,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.11%
Swan River Home Price

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When looking across the province, Swan River is the 173th most expensive in Manitoba.

Want a cheaply priced house? Then at $162,450 this month, Swan River, Manitoba is somewhere that you should look at price wise.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

According to our stats, Swan River is the neighbourhood that has the 18th most properties available to real estate investors in Manitoba.

As one of Manitoba’s many potential real estate investment neighbourhoods, Swan River 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.

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 Swan River, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 54, this month we show 46.

With a median listing price of $265,000, Swan River is Canada’s 311th most expensive when ordered by median listing price.

While the median for Manitoba is $214,900 , which means that Swan River’s median price is $265,000 better than average than the rest of the province.

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.

There are 25 neighbourhoods that have more properties on sale than Swan River at the moment in Manitoba which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
2 bedrooms $99,900
3 bedrooms $140,700
4 bedrooms $239,900
5 bedrooms $249,750
Demographics
  • Population in 20113907
  • Population in 20063869
  • 2006 to 2011 population change (%)1
  • Total private dwellings1860
  • Private dwellings occupied by usual residents1785
  • Population density per square kilometre567.4
  • Land area (square km)6.89
  • Age Characteristics
    Total population by age groups 3905
    0 to 4 years 235
    5 to 9 years 215
    10 to 14 years 200
    15 to 19 years 240
    15 years 45
    16 years 50
    17 years 55
    18 years 50
    19 years 45
    20 to 24 years 190
    25 to 29 years 200
    30 to 34 years 185
    35 to 39 years 195
    40 to 44 years 215
    45 to 49 years 255
    50 to 54 years 250
    55 to 59 years 230
    60 to 64 years 215
    65 to 69 years 210
    70 to 74 years 190
    75 to 79 years 210
    80 to 84 years 230
    85 years and over 240
    Median age of the population 46.7
    % of the population aged 15 and over 83.2
  • Marital Status
    Total population 15 years and over by marital status 3250
    Married or living with a common-law partner 1795
    Married (and not separated) 1545
    Living common-law 250
    Not married and not living with a common-law partner 1460
    Single (never legally married) 750
    Separated 75
    Divorced 185
    Widowed 450
    Family Characteristics
    Total number of census families in private households 1070
    Size of census family: 2 persons 645
    Size of census family: 3 persons 185
    Size of census family: 4 persons 155
    Size of census family: 5 or more persons 85
    Total number of census families in private households 1070
    Total couple families by family structure and number of children 865
    Married couples 745
    Without children at home 440
    With children at home 305
    1 child 115
    2 children 125
    3 or more children 65
    Common-law couples 120
    Without children at home 75
    With children at home 50
    1 child 25
    2 children 15
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 205
    Female parent 175
    1 child 105
    2 children 40
    3 or more children 25
    Male parent 30
    1 child 20
    2 children 5
    3 or more children 0
    Total children in census families in private households 975
    Under six years of age 275
    6 to 14 years 360
    15 to 17 years 135
    18 to 24 years 140
    25 years and over 65
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 3750
    Number of persons not in census families 835
    Living with relatives 70
    Living with non-relatives only 60
    Living alone 700
    Number of census family persons 2915
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 965
    Number of persons not in census families aged 65 years and over 420
    Living with relatives 15
    Living with non-relatives only 5
    Living alone 395
    Number of census family persons aged 65 years and over 545
    Total number of private households by household type 1785
    Census-family households 1050
    One-family-only households 990
    Couple-family households 835
    Without children 495
    With children 335
    Lone-parent-family households 155
    Other family households 65
    One-family households with persons not in a census family 45
    Couple-family households 25
    Without children 15
    With children 10
    Lone-parent-family households 25
    Two-or-more-family households 15
    Non-census-family households 735
    One-person households 700
    Two-or-more-person households 30
    Total number of occupied private dwellings by structural type of dwelling 1785
    Single-detached house 1235
    Apartment, building that has five or more storeys 0
    Movable dwelling 55
    Other dwelling 495
    Semi-detached house 40
    Row house 80
    Apartment, duplex 15
    Apartment, building that has fewer than five storeys 335
    Other single-attached house 25
    Total number of private households by household size 1785
    1 person 700
    2 persons 620
    3 persons 205
    4 persons 165
    5 persons 80
    6 or more persons 20
    Number of persons in private households 3750
    Average number of persons in private households 2.1
Census 2011

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