Aubigny, Manitoba 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
Current Market Conditions and Trends
The real estate market in Aubigny, Manitoba, has been experiencing steady growth as evidenced by the current median house price of $500,000, which represents a 3.5% year-over-year increase. This trend indicates a healthy demand for housing in the area. Similarly, the median apartment price stands at $300,000, with a modest growth rate of 2.1% year-over-year. The sustained price increases for both housing types suggest that the market is maintaining a positive momentum.
Furthermore, Aubigny is witnessing substantial demographic expansion with a significant population growth rate of 7.1%, bringing the total population to approximately 15,000 residents. The influx of new residents is likely contributing to the increased demand for housing and supporting the upward pressure on property prices.
Investment Opportunities and Potential
Considering the current market conditions, investment opportunities within Aubigny appear promising. The consistent appreciation in property values signifies potential for long-term capital gains for investors. Single-family homes, with a median price point of half a million dollars and an appreciable growth rate, present an attractive option for those looking to invest in residential properties.
Apartments also offer viable investment opportunities with their lower entry price point and steady price trend. These factors could appeal to investors seeking rental properties to cater to newcomers or locals looking for more affordable housing options.
The robust population growth further underlines the potential demand for rental accommodations as new residents may initially seek temporary housing before opting to purchase homes. Therefore, investing in rental properties could be a strategic move to capitalize on this demographic trend.
Future Market Outlook
The future outlook for Aubigny’s real estate market appears optimistic based on current trends and demographic indicators. If the population continues to grow at its current pace or higher, it can be expected that demand for housing will persistently drive property prices upward.
The stable year-over-year growth rates for both houses and apartments suggest that the market is not subject to extreme volatility but rather experiencing sustainable expansion. This stability bodes well for investors who prioritize lower-risk investments with reasonable returns over time.
In conclusion, while no market is without risk, Aubigny’s real estate landscape shows strong fundamentals that signal continuation of positive trends into the foreseeable future. Prospective investors should nevertheless conduct thorough due diligence and consider local economic factors when making investment decisions.
