Asinkaanumevatt, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.0% |
| Stock on market | 0.9% |
Apartment
| Median price | $290,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $570,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $325,000 |
| 3 bedrooms | $400,000 |
Demographics
| Current Population (2024) | 15,500 |
| Previous Population (2019) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
In Asinkaanumevatt, Manitoba, the real estate market is experiencing steady growth. With a median house price sitting at $485,000 and witnessing a 3% year-over-year increase, the market reflects a healthy demand for single-family homes. The trend continues with the median apartment price at $290,000, which has also seen a rise of 2.5% year-over-year. These consistent price trends suggest a balanced market that is growing at a sustainable rate.
2. Investment Opportunities and Potential
The investment landscape in Asinkaanumevatt appears promising. With the population growing at an impressive rate of 3.3%, there is an increasing demand for housing, which may drive property values up over time. Investors looking to capitalize on this growth might consider both long-term residential rentals and development projects. Given the stable price appreciation for both houses and apartments, investing in real estate here could be attractive to those seeking solid returns in a less volatile environment.
3. Future Market Outlook
The future outlook for Asinkaanumevatt’s real estate market remains positive. Considering the steady population growth and the consequent demand for housing, it’s reasonable to expect that property prices will continue to rise moderately in the foreseeable future. This ongoing development suggests that Asinkaanumevatt will remain an appealing market for both homebuyers and investors alike, offering opportunities for capital gains as well as rental income stability.
