Trending

Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.

Granisle, BC

Updated: Aug 2016
House
Median price $85,000
Monthly growth 52.05 %
Quarterly trend
Stock on market 2.68%
Apartment
Median price $27,450
Monthly growth -5.34 %
Quarterly trend
Stock on market 2.30%

Granisle Home Price

Canada’s national median home listing price this month is $290,900, which means that Granisle is in the cheapest 20% for Canada.

With Granisle’s median house price at $85,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of British Columbia.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

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

As one of British Columbia’s many potential real estate investment neighbourhoods, Granisle 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.

In Granisle, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

The median asking price in Granisle is $27,450, quite a drop from the median three months ago which was $27,950 .

The $27,450 price tag on the median Granisle home means that it is very cheap in comparison to the rest of the nation.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 1.

According to our stats, Granisle is the neighbourhood that has the 84th most properties available to real estate investors in British Columbia.

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

Over the last three months in Granisle, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Find a mortgage broker in Granisle, BC
Beds Median price (House) Median price (Apartment)
1 bedroom $25,000
3 bedrooms $85,000
4 bedrooms $72,950
Demographics
  • Population in 2011303
  • Population in 2006364
  • 2006 to 2011 population change (%)-16.8
  • Total private dwellings261
  • Private dwellings occupied by usual residents169
  • Population density per square kilometre7.2
  • Land area (square km)41.86

Age Characteristics

Total population by age groups 305
0 to 4 years 0
5 to 9 years 5
10 to 14 years 5
15 to 19 years 10
15 years 5
16 years 0
17 years 0
18 years 5
19 years 5
20 to 24 years 10
25 to 29 years 0
30 to 34 years 10
35 to 39 years 10
40 to 44 years 10
45 to 49 years 15
50 to 54 years 15
55 to 59 years 35
60 to 64 years 60
65 to 69 years 60
70 to 74 years 30
75 to 79 years 25
80 to 84 years 10
85 years and over 0
Median age of the population 63.1
% of the population aged 15 and over 98

Marital Status

Total population 15 years and over by marital status 290
Married or living with a common-law partner 190
Married (and not separated) 155
Living common-law 30
Not married and not living with a common-law partner 100
Single (never legally married) 45
Separated 10
Divorced 30
Widowed 20

Family Characteristics

Total number of census families in private households 100
Size of census family: 2 persons 90
Size of census family: 3 persons 5
Size of census family: 4 persons 0
Size of census family: 5 or more persons 0
Total number of census families in private households 100
Total couple families by family structure and number of children 95
Married couples 80
Without children at home 70
With children at home 5
1 child 5
2 children 0
3 or more children 5
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 10
Female parent 5
1 child 5
2 children 0
3 or more children 5
Male parent 5
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 30
Under six years of age 0
6 to 14 years 5
15 to 17 years 5
18 to 24 years 10
25 years and over 5
Average number of children at home per census family 0.2

Household And Dwelling Characteristics

Total number of persons in private households 295
Number of persons not in census families 75
Living with relatives 0
Living with non-relatives only 5
Living alone 70
Number of census family persons 225
Average number of persons per census family 2.1
Total number of persons 65 years and over in private households 115
Number of persons not in census families aged 65 years and over 30
Living with relatives 0
Living with non-relatives only 0
Living alone 30
Number of census family persons aged 65 years and over 85
Total number of private households by household type 170
Census-family households 100
One-family-only households 100
Couple-family households 90
Without children 85
With children 5
Lone-parent-family households 5
Other family households 5
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 5
Non-census-family households 70
One-person households 70
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 170
Single-detached house 140
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 20
Semi-detached house 0
Row house 15
Apartment, duplex 0
Apartment, building that has fewer than five storeys 10
Other single-attached house 0
Total number of private households by household size 170
1 person 70
2 persons 90
3 persons 5
4 persons 0
5 persons 5
6 or more persons 0
Number of persons in private households 295
Average number of persons in private households 1.7

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.

Useful Links

Advertisement

Website Managed By

© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media