Dugald, 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 Dugald, Manitoba, the real estate market is exhibiting signs of steady growth. The median house price in the region is currently $500,000, which represents a year-over-year increase of 3.5%. This increment indicates a healthy market trend and reflects the overall demand for single-family homes. Similarly, the median apartment price stands at $300,000, with a slightly more modest year-over-year growth of 2.1%. This difference in growth rates suggests that houses are experiencing slightly higher demand compared to apartments but both markets are growing steadily.
Investment Opportunities and Potential
The steady increase in property values combined with Dugald’s population growth of 7.1% presents potential opportunities for real estate investors. Given the population of approximately 15,000, the area is likely to see continued demand for housing, especially if this growth trend persists. Investment in residential properties could result in capital appreciation over time due to the market’s positive trajectory. Additionally, rental properties could become increasingly lucrative as the local population expands, indicating a potential for favorable rental yields for investors.
Future Market Outlook
The future market outlook for Dugald’s real estate seems optimistic. The consistent uptick in property prices suggests confidence in the long-term stability of the market. Should the current population growth rate continue at 7.1%, it can be expected that demand for housing will bolster property values further. However, prospective investors and homeowners should monitor key economic indicators such as employment rates and infrastructure developments within Dugald and its surrounding areas, as these factors will play crucial roles in shaping the future real estate landscape.
