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Gimli, MB

Updated: Aug 2016
House
Median price $201,900
Monthly growth 6.43 %
Quarterly trend
Stock on market 1.64%
Apartment
Median price $119,900
Monthly growth -7.69 %
Quarterly trend
Stock on market 0.55%

Gimli Home Price

The median house price listed in Gimli this month is $201,900.

Across Manitoba Gimli has the 7th most properties on offer with 250.

It’s never an exact art, but to try to forecast how property is going to appreciate in Gimli for investors, it’s important to look at data like:

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Gimli, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 74, this month we show 74.

Canada’s national median home listing price this month is $244,900, which means that Gimli is in the cheapest 20% for Canada.

When our research team crunched the numbers we calculated that Gimli has a median home price of $119,900.

Investors looking for properties in Gimli are most likely to find 1 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

Manitoba has the sixth most amount of properties available to property investors, with Gimli having 3rd most in the province, out of a total of 25.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Gimli there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Find a mortgage broker in Gimli, MB
Beds Median price (House) Median price (Apartment)
1 bedroom $109,900
2 bedrooms $147,200 $117,900
3 bedrooms $269,000
4 bedrooms $319,200
Demographics
  • Population in 20115845
  • Population in 20065797
  • 2006 to 2011 population change (%)0.8
  • Total private dwellings4515
  • Private dwellings occupied by usual residents2749
  • Population density per square kilometre18.3
  • Land area (square km)319.25

Age Characteristics

Total population by age groups 5845
0 to 4 years 185
5 to 9 years 195
10 to 14 years 260
15 to 19 years 285
15 years 55
16 years 55
17 years 50
18 years 65
19 years 70
20 to 24 years 200
25 to 29 years 175
30 to 34 years 195
35 to 39 years 225
40 to 44 years 250
45 to 49 years 390
50 to 54 years 415
55 to 59 years 590
60 to 64 years 660
65 to 69 years 570
70 to 74 years 450
75 to 79 years 365
80 to 84 years 235
85 years and over 190
Median age of the population 56.2
% of the population aged 15 and over 89.1

Marital Status

Total population 15 years and over by marital status 5210
Married or living with a common-law partner 3485
Married (and not separated) 3105
Living common-law 380
Not married and not living with a common-law partner 1720
Single (never legally married) 835
Separated 140
Divorced 270
Widowed 485

Family Characteristics

Total number of census families in private households 1900
Size of census family: 2 persons 1350
Size of census family: 3 persons 265
Size of census family: 4 persons 220
Size of census family: 5 or more persons 70
Total number of census families in private households 1900
Total couple families by family structure and number of children 1710
Married couples 1525
Without children at home 1110
With children at home 410
1 child 180
2 children 165
3 or more children 60
Common-law couples 190
Without children at home 120
With children at home 70
1 child 35
2 children 30
3 or more children 5
Total lone-parent families by sex of parent and number of children 190
Female parent 140
1 child 85
2 children 35
3 or more children 20
Male parent 50
1 child 30
2 children 15
3 or more children 0
Total children in census families in private households 1115
Under six years of age 205
6 to 14 years 405
15 to 17 years 150
18 to 24 years 245
25 years and over 110
Average number of children at home per census family 0.6

Household And Dwelling Characteristics

Total number of persons in private households 5720
Number of persons not in census families 990
Living with relatives 65
Living with non-relatives only 90
Living alone 830
Number of census family persons 4730
Average number of persons per census family 2.5
Total number of persons 65 years and over in private households 1735
Number of persons not in census families aged 65 years and over 510
Living with relatives 30
Living with non-relatives only 10
Living alone 470
Number of census family persons aged 65 years and over 1225
Total number of private households by household type 2750
Census-family households 1875
One-family-only households 1800
Couple-family households 1630
Without children 1180
With children 450
Lone-parent-family households 170
Other family households 75
One-family households with persons not in a census family 50
Couple-family households 40
Without children 20
With children 15
Lone-parent-family households 15
Two-or-more-family households 25
Non-census-family households 875
One-person households 830
Two-or-more-person households 40
Total number of occupied private dwellings by structural type of dwelling 2750
Single-detached house 2210
Apartment, building that has five or more storeys 50
Movable dwelling 25
Other dwelling 465
Semi-detached house 175
Row house 25
Apartment, duplex 5
Apartment, building that has fewer than five storeys 260
Other single-attached house 0
Total number of private households by household size 2750
1 person 835
2 persons 1315
3 persons 275
4 persons 225
5 persons 65
6 or more persons 35
Number of persons in private households 5720
Average number of persons in private households 2.1

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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