Real Estate Market Report for
Virden, MB

Updated : Aug 2016
House
  • Median price $202,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 4.70%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Virden Home Price

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When looking across the province, Virden is the 134th most expensive in Manitoba.

In Aug the median listed house price of $202,000 in Virden was a below average compared to the rest of Manitoba.

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

Manitoba has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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 Virden, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 64, this month we show 68.

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

Beds Median price (House) Median price (Apartment)
1 bedroom $119,500
2 bedrooms $159,900
3 bedrooms $210,000
4 bedrooms $273,900
5 bedrooms $386,500
Demographics
  • Population in 20113114
  • Population in 20063010
  • 2006 to 2011 population change (%)3.5
  • Total private dwellings1446
  • Private dwellings occupied by usual residents1375
  • Population density per square kilometre363.6
  • Land area (square km)8.56
  • Age Characteristics
    Total population by age groups 3115
    0 to 4 years 210
    5 to 9 years 150
    10 to 14 years 170
    15 to 19 years 185
    15 years 40
    16 years 35
    17 years 50
    18 years 35
    19 years 25
    20 to 24 years 220
    25 to 29 years 210
    30 to 34 years 155
    35 to 39 years 170
    40 to 44 years 170
    45 to 49 years 185
    50 to 54 years 195
    55 to 59 years 185
    60 to 64 years 190
    65 to 69 years 155
    70 to 74 years 115
    75 to 79 years 120
    80 to 84 years 140
    85 years and over 190
    Median age of the population 42.7
    % of the population aged 15 and over 83.1
  • Marital Status
    Total population 15 years and over by marital status 2590
    Married or living with a common-law partner 1560
    Married (and not separated) 1300
    Living common-law 260
    Not married and not living with a common-law partner 1030
    Single (never legally married) 555
    Separated 65
    Divorced 130
    Widowed 280
    Family Characteristics
    Total number of census families in private households 880
    Size of census family: 2 persons 500
    Size of census family: 3 persons 170
    Size of census family: 4 persons 145
    Size of census family: 5 or more persons 65
    Total number of census families in private households 875
    Total couple families by family structure and number of children 770
    Married couples 635
    Without children at home 355
    With children at home 280
    1 child 110
    2 children 115
    3 or more children 55
    Common-law couples 130
    Without children at home 75
    With children at home 55
    1 child 25
    2 children 20
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 110
    Female parent 90
    1 child 55
    2 children 25
    3 or more children 5
    Male parent 20
    1 child 15
    2 children 5
    3 or more children 0
    Total children in census families in private households 775
    Under six years of age 230
    6 to 14 years 290
    15 to 17 years 115
    18 to 24 years 100
    25 years and over 40
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 3000
    Number of persons not in census families 575
    Living with relatives 40
    Living with non-relatives only 55
    Living alone 480
    Number of census family persons 2425
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 630
    Number of persons not in census families aged 65 years and over 250
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 245
    Number of census family persons aged 65 years and over 375
    Total number of private households by household type 1375
    Census-family households 860
    One-family-only households 825
    Couple-family households 740
    Without children 420
    With children 320
    Lone-parent-family households 85
    Other family households 35
    One-family households with persons not in a census family 20
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 15
    Two-or-more-family households 15
    Non-census-family households 515
    One-person households 480
    Two-or-more-person households 30
    Total number of occupied private dwellings by structural type of dwelling 1375
    Single-detached house 1110
    Apartment, building that has five or more storeys 0
    Movable dwelling 40
    Other dwelling 225
    Semi-detached house 5
    Row house 20
    Apartment, duplex 25
    Apartment, building that has fewer than five storeys 170
    Other single-attached house 0
    Total number of private households by household size 1375
    1 person 480
    2 persons 495
    3 persons 170
    4 persons 150
    5 persons 65
    6 or more persons 20
    Number of persons in private households 3000
    Average number of persons in private households 2.2
Census 2011

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