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Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.

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Edam, SK

Updated: Aug 2016
House
Median price $279,000
Monthly growth 132.69 %
Quarterly trend
Stock on market 1.48%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Edam Home Price

Canada’s national median home listing price this month is $290,900, which means that Edam is in the top 40% for Canada.

The $279,000 price tag on the median Edam home means that it is above the cost of most houses in the country.

Edam’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Edam has fewer than average compared to the rest of the province

Is Edam a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Edam there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Is Edam a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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

Find a mortgage broker in Edam, SK
Beds Median price (House) Median price (Apartment)
4 bedrooms $296,950
Demographics
  • Population in 2011444
  • Population in 2006399
  • 2006 to 2011 population change (%)11.3
  • Total private dwellings203
  • Private dwellings occupied by usual residents184
  • Population density per square kilometre392.5
  • Land area (square km)1.13

Age Characteristics

Total population by age groups 445
0 to 4 years 35
5 to 9 years 30
10 to 14 years 35
15 to 19 years 10
15 years 0
16 years 0
17 years 5
18 years 0
19 years 5
20 to 24 years 25
25 to 29 years 45
30 to 34 years 40
35 to 39 years 25
40 to 44 years 15
45 to 49 years 25
50 to 54 years 20
55 to 59 years 20
60 to 64 years 20
65 to 69 years 20
70 to 74 years 20
75 to 79 years 15
80 to 84 years 10
85 years and over 30
Median age of the population 35.4
% of the population aged 15 and over 76.2

Marital Status

Total population 15 years and over by marital status 340
Married or living with a common-law partner 230
Married (and not separated) 210
Living common-law 20
Not married and not living with a common-law partner 110
Single (never legally married) 60
Separated 10
Divorced 10
Widowed 30

Family Characteristics

Total number of census families in private households 130
Size of census family: 2 persons 75
Size of census family: 3 persons 20
Size of census family: 4 persons 20
Size of census family: 5 or more persons 15
Total number of census families in private households 130
Total couple families by family structure and number of children 115
Married couples 100
Without children at home 50
With children at home 50
1 child 20
2 children 15
3 or more children 10
Common-law couples 10
Without children at home 5
With children at home 5
1 child 5
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 20
Female parent 10
1 child 10
2 children 5
3 or more children 0
Male parent 5
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 125
Under six years of age 40
6 to 14 years 60
15 to 17 years 5
18 to 24 years 10
25 years and over 5
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 425
Number of persons not in census families 65
Living with relatives 0
Living with non-relatives only 5
Living alone 55
Number of census family persons 365
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 75
Number of persons not in census families aged 65 years and over 20
Living with relatives 0
Living with non-relatives only 0
Living alone 20
Number of census family persons aged 65 years and over 50
Total number of private households by household type 185
Census-family households 125
One-family-only households 125
Couple-family households 105
Without children 55
With children 50
Lone-parent-family households 15
Other family households 0
One-family households with persons not in a census family 0
Couple-family households 0
Without children 0
With children 0
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 55
One-person households 55
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 185
Single-detached house 150
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 20
Semi-detached house 20
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 185
1 person 60
2 persons 70
3 persons 25
4 persons 20
5 persons 10
6 or more persons 5
Number of persons in private households 425
Average number of persons in private households 2.3

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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