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Margaree Forks, NS

Updated: Aug 2016
House
Median price $125,000
Monthly growth 6.60 %
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Margaree Forks Home Price

Last month, Margaree Forks was Canada’s 4359th priciest – this month at number 4359 it’s dropped -2034 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.

Want a cheaply priced house? Then at $125,000 this month, Margaree Forks, Nova Scotia do not consider price wise.

This month we track 417th neighbourhoods in Nova Scotia, and Margaree Forks has the 417th most choice available for real estate investors.

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

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

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

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

Find a mortgage broker in Margaree Forks, NS
Beds Median price (House) Median price (Apartment)
3 bedrooms $117,250
Demographics
  • Population in 20115280
  • Population in 20065859
  • 2006 to 2011 population change (%)-9.9
  • Total private dwellings3127
  • Private dwellings occupied by usual residents2309
  • Population density per square kilometre2.6
  • Land area (square km)2029.63

Age Characteristics

Total population by age groups 5280
0 to 4 years 155
5 to 9 years 200
10 to 14 years 265
15 to 19 years 305
15 years 60
16 years 55
17 years 65
18 years 60
19 years 65
20 to 24 years 220
25 to 29 years 180
30 to 34 years 195
35 to 39 years 235
40 to 44 years 335
45 to 49 years 420
50 to 54 years 465
55 to 59 years 490
60 to 64 years 535
65 to 69 years 425
70 to 74 years 350
75 to 79 years 200
80 to 84 years 160
85 years and over 140
Median age of the population 51.4
% of the population aged 15 and over 88.2

Marital Status

Total population 15 years and over by marital status 4655
Married or living with a common-law partner 2880
Married (and not separated) 2555
Living common-law 325
Not married and not living with a common-law partner 1780
Single (never legally married) 1035
Separated 130
Divorced 200
Widowed 410

Family Characteristics

Total number of census families in private households 1590
Size of census family: 2 persons 940
Size of census family: 3 persons 335
Size of census family: 4 persons 205
Size of census family: 5 or more persons 110
Total number of census families in private households 1590
Total couple families by family structure and number of children 1405
Married couples 1245
Without children at home 725
With children at home 515
1 child 245
2 children 170
3 or more children 100
Common-law couples 160
Without children at home 95
With children at home 65
1 child 35
2 children 20
3 or more children 10
Total lone-parent families by sex of parent and number of children 180
Female parent 150
1 child 95
2 children 40
3 or more children 10
Male parent 30
1 child 20
2 children 10
3 or more children 0
Total children in census families in private households 1280
Under six years of age 200
6 to 14 years 410
15 to 17 years 175
18 to 24 years 295
25 years and over 205
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 5160
Number of persons not in census families 885
Living with relatives 125
Living with non-relatives only 70
Living alone 690
Number of census family persons 4275
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 1205
Number of persons not in census families aged 65 years and over 410
Living with relatives 55
Living with non-relatives only 10
Living alone 345
Number of census family persons aged 65 years and over 800
Total number of private households by household type 2310
Census-family households 1570
One-family-only households 1475
Couple-family households 1335
Without children 790
With children 545
Lone-parent-family households 140
Other family households 90
One-family households with persons not in a census family 75
Couple-family households 50
Without children 20
With children 30
Lone-parent-family households 20
Two-or-more-family households 20
Non-census-family households 740
One-person households 690
Two-or-more-person households 50
Total number of occupied private dwellings by structural type of dwelling 2310
Single-detached house 2000
Apartment, building that has five or more storeys 0
Movable dwelling 45
Other dwelling 255
Semi-detached house 65
Row house 20
Apartment, duplex 30
Apartment, building that has fewer than five storeys 125
Other single-attached house 10
Total number of private households by household size 2310
1 person 690
2 persons 920
3 persons 345
4 persons 220
5 persons 105
6 or more persons 30
Number of persons in private households 5165
Average number of persons in private households 2.2

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