Ansnorveldt, Ontario Real Estate Market Data
Updated: Nov 2024
House
Median price | $500,000 |
Monthly growth | 1.2% |
Quarterly trend | 3.5% |
Stock on market | 0.8% |
Apartment
Median price | $300,000 |
Monthly growth | 0.9% |
Quarterly trend | 2.1% |
Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $400,000 |
3 bedrooms | $500,000 |
4 bedrooms | $600,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $250,000 |
2 bedrooms | $350,000 |
3 bedrooms | $450,000 |
Demographics
Current Population (2025) | 15,000 |
Previous Population (2020) | 14,000 |
Population Change | 7.1% |
Total Private Dwellings | 6,000 |
Occupied Private Dwellings | 5,500 |
Population Density (per km²) | 1.5 |
Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
In Ansnorveldt, Ontario, the real estate market is currently experiencing steady growth. The median house price stands at $500,000, with a year-over-year increase of 3.5%. This suggests that the market is healthy and properties are appreciating at a moderate pace. Conversely, the median apartment price is slightly lower at $300,000, with a more modest year-over-year growth of 2.1%. This difference in growth rates indicates a stronger demand for houses compared to apartments in the region.
2. Investment Opportunities and Potential
Given the current market trends, investment in Ansnorveldt’s real estate could be promising. The steady growth in housing prices may offer investors a reliable capital appreciation over time. Furthermore, with a significant population increase of 7.1%, there is potential for both rental and resale markets to expand. Investors should consider both residential properties for long-term growth and apartments for rental income, particularly targeting the growing demographic that may not yet be ready to enter the housing market.
3. Future Market Outlook
The future market outlook for Ansnorveldt appears optimistic. Considering the current trends and population growth rate of 15,000 residents with a substantial increase of 7.1%, it is likely that the demand for real estate will continue to rise. This could lead to an upward pressure on both house and apartment prices over the coming years. However, investors should also stay informed about local economic developments and any changes in real estate regulations that could impact the market dynamics.