With Winnipeg’s median house price at $304,450 in Jun , it is above 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 Winnipeg having 1st most in the province, out of a total of 240.
When we look at the data we have, it can help with trying to establish whether or not Winnipeg is a good investment target.
In Winnipeg, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Canada’s national median home listing price this month is $269,900, which means that Winnipeg is close to average for Canada.
Winnipeg, Manitoba has a median house price of $219,990 when compiling all the home listings in Jun .
If you’re looking at investment properties in Winnipeg, then you’re most likely to find homes with 2 bedrooms on sale this month.
According to our stats, Winnipeg is the neighbourhood that has the 1st most properties available to real estate investors in Manitoba.
As one of Manitoba’s many potential real estate investment neighbourhoods, Winnipeg 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Winnipeg have stayed pretty much the same which would tend to indicate that demand is steady.