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Ditch Lake, MB

Updated: Aug 2016
House
Median price $364,900
Monthly growth 35.19 %
Quarterly trend
Stock on market 0.57%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Ditch Lake Home Price

With a median listing price of $364,900, Ditch Lake is Canada’s 949th most expensive when ordered by median listing price.

While the median for Manitoba is $264,900 , which means that Ditch Lake’s median price is $364,900 considerably better than the rest of the province.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.

Across Manitoba Ditch Lake has the 178th most properties on offer with 250.

Can we guarantee how well Ditch Lake is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Ditch Lake will hopefully provide an indicator to help you where to research in-depth

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)
2 bedrooms $317,400
Demographics
  • Population in 2011414
  • Population in 2006484
  • 2006 to 2011 population change (%)-14.5
  • Total private dwellings526
  • Private dwellings occupied by usual residents195
  • Population density per square kilometre1.2
  • Land area (square km)350.78

Age Characteristics

Total population by age groups 415
0 to 4 years 15
5 to 9 years 15
10 to 14 years 15
15 to 19 years 10
15 years 0
16 years 0
17 years 0
18 years 5
19 years 5
20 to 24 years 10
25 to 29 years 10
30 to 34 years 15
35 to 39 years 15
40 to 44 years 25
45 to 49 years 30
50 to 54 years 50
55 to 59 years 55
60 to 64 years 55
65 to 69 years 35
70 to 74 years 25
75 to 79 years 15
80 to 84 years 10
85 years and over 5
Median age of the population 54.5
% of the population aged 15 and over 87.4

Marital Status

Total population 15 years and over by marital status 360
Married or living with a common-law partner 265
Married (and not separated) 235
Living common-law 35
Not married and not living with a common-law partner 95
Single (never legally married) 50
Separated 10
Divorced 15
Widowed 20

Family Characteristics

Total number of census families in private households 135
Size of census family: 2 persons 100
Size of census family: 3 persons 20
Size of census family: 4 persons 15
Size of census family: 5 or more persons 5
Total number of census families in private households 140
Total couple families by family structure and number of children 130
Married couples 115
Without children at home 85
With children at home 35
1 child 15
2 children 10
3 or more children 0
Common-law couples 15
Without children at home 10
With children at home 5
1 child 0
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 5
Female parent 5
1 child 0
2 children 5
3 or more children 0
Male parent 0
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 70
Under six years of age 15
6 to 14 years 30
15 to 17 years 0
18 to 24 years 10
25 years and over 10
Average number of children at home per census family 0.5

Household And Dwelling Characteristics

Total number of persons in private households 415
Number of persons not in census families 70
Living with relatives 5
Living with non-relatives only 15
Living alone 55
Number of census family persons 345
Average number of persons per census family 2.5
Total number of persons 65 years and over in private households 90
Number of persons not in census families aged 65 years and over 20
Living with relatives 0
Living with non-relatives only 5
Living alone 15
Number of census family persons aged 65 years and over 70
Total number of private households by household type 195
Census-family households 135
One-family-only households 130
Couple-family households 125
Without children 90
With children 35
Lone-parent-family households 5
Other family households 5
One-family households with persons not in a census family 5
Couple-family households 5
Without children 0
With children 0
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 60
One-person households 50
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 195
Single-detached house 190
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 0
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 195
1 person 50
2 persons 100
3 persons 25
4 persons 20
5 persons 0
6 or more persons 0
Number of persons in private households 415
Average number of persons in private households 2.1

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