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Balsam Bay, MB

Updated: Jun 2016
House
Median price $329,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Balsam Bay Home Price

When looking across the province, Balsam Bay is the 44th most expensive in Manitoba.

In Jun the median listed house price of $329,900 in Balsam Bay was an impressive compared to the rest of Manitoba.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Jun this neighbourhood’s most common listing has properties with fewer bedrooms.

This month we track 165th neighbourhoods in Manitoba, and Balsam Bay has the 165th most choice available for real estate investors.

Will prices rise across the next year in in Balsam Bay? There are a number of real estate indicators to consider.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

As one of Manitoba’s many potential real estate investment neighbourhoods, Balsam Bay 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.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
3 bedrooms $274,450
Demographics
  • Population in 201110505
  • Population in 20069706
  • 2006 to 2011 population change (%)8.2
  • Total private dwellings5191
  • Private dwellings occupied by usual residents3992
  • Population density per square kilometre14.4
  • Land area (square km)728.65

Age Characteristics

Total population by age groups 10505
0 to 4 years 465
5 to 9 years 555
10 to 14 years 775
15 to 19 years 735
15 years 145
16 years 150
17 years 160
18 years 160
19 years 115
20 to 24 years 535
25 to 29 years 370
30 to 34 years 485
35 to 39 years 595
40 to 44 years 815
45 to 49 years 1065
50 to 54 years 1025
55 to 59 years 875
60 to 64 years 810
65 to 69 years 585
70 to 74 years 350
75 to 79 years 235
80 to 84 years 120
85 years and over 105
Median age of the population 44.5
% of the population aged 15 and over 83

Marital Status

Total population 15 years and over by marital status 8715
Married or living with a common-law partner 5860
Married (and not separated) 5105
Living common-law 750
Not married and not living with a common-law partner 2855
Single (never legally married) 1935
Separated 190
Divorced 365
Widowed 360

Family Characteristics

Total number of census families in private households 3225
Size of census family: 2 persons 1660
Size of census family: 3 persons 645
Size of census family: 4 persons 660
Size of census family: 5 or more persons 265
Total number of census families in private households 3225
Total couple families by family structure and number of children 2895
Married couples 2515
Without children at home 1215
With children at home 1305
1 child 485
2 children 575
3 or more children 235
Common-law couples 375
Without children at home 235
With children at home 140
1 child 65
2 children 55
3 or more children 20
Total lone-parent families by sex of parent and number of children 335
Female parent 220
1 child 135
2 children 60
3 or more children 25
Male parent 110
1 child 75
2 children 30
3 or more children 5
Total children in census families in private households 3175
Under six years of age 545
6 to 14 years 1160
15 to 17 years 450
18 to 24 years 690
25 years and over 330
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 10395
Number of persons not in census families 1100
Living with relatives 180
Living with non-relatives only 150
Living alone 765
Number of census family persons 9295
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 1385
Number of persons not in census families aged 65 years and over 320
Living with relatives 45
Living with non-relatives only 20
Living alone 250
Number of census family persons aged 65 years and over 1070
Total number of private households by household type 3995
Census-family households 3150
One-family-only households 2945
Couple-family households 2700
Without children 1345
With children 1360
Lone-parent-family households 245
Other family households 205
One-family households with persons not in a census family 135
Couple-family households 95
Without children 40
With children 55
Lone-parent-family households 40
Two-or-more-family households 75
Non-census-family households 835
One-person households 765
Two-or-more-person households 75
Total number of occupied private dwellings by structural type of dwelling 3995
Single-detached house 3370
Apartment, building that has five or more storeys 110
Movable dwelling 480
Other dwelling 30
Semi-detached house 0
Row house 5
Apartment, duplex 0
Apartment, building that has fewer than five storeys 20
Other single-attached house 0
Total number of private households by household size 3995
1 person 765
2 persons 1560
3 persons 655
4 persons 670
5 persons 240
6 or more persons 95
Number of persons in private households 10395
Average number of persons in private households 2.6

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