Mcauley, 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 McAuley, Manitoba, the real estate market is currently experiencing steady growth. The median house price stands at $500,000, reflecting a year-over-year increase of 3.5%. This trend indicates a healthy demand in the housing sector. Meanwhile, the median apartment price is at $300,000, with a more modest year-over-year growth of 2.1%. This suggests that while apartments are appreciating in value, they are doing so at a slower pace compared to houses.
Investment Opportunities and Potential
With a consistent rise in property values, McAuley represents a solid investment opportunity for both residential and rental markets. Houses show a strong capital appreciation potential given the higher growth rate. Apartments offer a lower entry point for investors and may be particularly appealing for those looking to cater to renters or enter the real estate market without significant capital outlay. Additionally, with a population growth of 7.1%, which is considerably high, there is likely to be sustained demand for housing in the future.
Future Market Outlook
The future outlook for McAuley’s real estate market remains optimistic. The robust population growth of 7.1% suggests an expanding local economy and increasing housing demand. If current trends continue, investors can expect continued appreciation in property values across both houses and apartments. However, it’s essential to monitor economic indicators closely as changes could affect market dynamics. Investors should consider both short-term gains through flips or vacation rentals due to rising tourism interest in the area and long-term holds that benefit from gradual market appreciation and population increases.
