Darlingford, 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 in Darlingford, Manitoba
The real estate market in Darlingford, Manitoba is currently experiencing steady growth. With a median house price of $500,000 and an annual appreciation rate of 3.5%, the housing sector shows a consistent upward trend. This is indicative of a healthy demand for residential properties and a strong local economy that sustains real estate valuations.
Apartments in Darlingford are also seeing positive growth, albeit at a slightly slower pace. The median apartment price stands at $300,000, with a year-over-year increase of 2.1%. This suggests that while there is an interest in more affordable and perhaps more flexible living spaces like apartments, the market is more robust for detached homes.
The population of Darlingford has grown by 7.1% to reach 15,000 residents. This significant population growth is likely contributing to the demand for housing and supporting the continuous appreciation of property values within the area.
Investment Opportunities and Potential in Darlingford, Manitoba
Considering the steady increase in both house and apartment prices, Darlingford presents itself as an attractive location for real estate investment. Detached houses offer a higher growth potential based on the current trends, making them particularly appealing for long-term investors seeking capital gains.
Apartments offer a lower entry point into the real estate market at $300,000 and may be appealing to investors looking for rental properties or those catering to individuals who prefer smaller living spaces or cannot yet afford to purchase a house.
The robust population growth not only sustains current demand but also signifies future potential as new residents seek housing. Investors would benefit from considering both immediate returns through rental income and long-term asset appreciation.
Future Market Outlook for Darlingford, Manitoba
The future market outlook for Darlingford remains optimistic given current trends and data. The continued population growth will likely keep demand for housing strong, which could sustain or potentially increase the current appreciation rates of properties. Assuming no major economic disruptions occur, both segments of the market—houses and apartments—are expected to remain promising investment avenues.
However, it’s important for investors to keep an eye on economic indicators such as employment rates, infrastructure development, and migration patterns, as these can greatly influence the real estate market dynamics.
In summary, with its growing population and consistent property value appreciation, Darlingford appears poised for ongoing real estate market success. Investors should perform due diligence but can be cautiously optimistic about their prospects in this region.
