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North Norfolk, MB

Updated: Aug 2016
House
Median price $275,000
Monthly growth -4.84 %
Quarterly trend
Stock on market 0.32%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

North Norfolk Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month North Norfolk is number 1758 putting it in the top half of the country .

The $275,000 price tag on the median North Norfolk home means that it is above the cost of most houses in the country.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

Can we guarantee how well North Norfolk is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

If you are looking at investment properties in North Norfolk, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

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.

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

If you are looking at investment properties in North Norfolk, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $275,000
Demographics
  • Population in 20112799
  • Population in 20062742
  • 2006 to 2011 population change (%)2.1
  • Total private dwellings928
  • Private dwellings occupied by usual residents878
  • Population density per square kilometre2.4
  • Land area (square km)1158.76

Age Characteristics

Total population by age groups 2800
0 to 4 years 225
5 to 9 years 255
10 to 14 years 230
15 to 19 years 250
15 years 55
16 years 55
17 years 50
18 years 50
19 years 40
20 to 24 years 160
25 to 29 years 150
30 to 34 years 165
35 to 39 years 175
40 to 44 years 165
45 to 49 years 210
50 to 54 years 195
55 to 59 years 155
60 to 64 years 150
65 to 69 years 95
70 to 74 years 75
75 to 79 years 70
80 to 84 years 50
85 years and over 30
Median age of the population 33.8
% of the population aged 15 and over 74.7

Marital Status

Total population 15 years and over by marital status 2090
Married or living with a common-law partner 1395
Married (and not separated) 1310
Living common-law 85
Not married and not living with a common-law partner 695
Single (never legally married) 530
Separated 15
Divorced 65
Widowed 85

Family Characteristics

Total number of census families in private households 685
Size of census family: 2 persons 320
Size of census family: 3 persons 120
Size of census family: 4 persons 110
Size of census family: 5 or more persons 135
Total number of census families in private households 685
Total couple families by family structure and number of children 630
Married couples 590
Without children at home 265
With children at home 320
1 child 95
2 children 100
3 or more children 125
Common-law couples 40
Without children at home 20
With children at home 20
1 child 15
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 55
Female parent 40
1 child 25
2 children 15
3 or more children 0
Male parent 15
1 child 10
2 children 0
3 or more children 0
Total children in census families in private households 910
Under six years of age 210
6 to 14 years 370
15 to 17 years 140
18 to 24 years 145
25 years and over 50
Average number of children at home per census family 1.3

Household And Dwelling Characteristics

Total number of persons in private households 2470
Number of persons not in census families 240
Living with relatives 35
Living with non-relatives only 25
Living alone 180
Number of census family persons 2225
Average number of persons per census family 3.2
Total number of persons 65 years and over in private households 295
Number of persons not in census families aged 65 years and over 75
Living with relatives 0
Living with non-relatives only 5
Living alone 75
Number of census family persons aged 65 years and over 220
Total number of private households by household type 875
Census-family households 680
One-family-only households 655
Couple-family households 610
Without children 275
With children 335
Lone-parent-family households 50
Other family households 25
One-family households with persons not in a census family 15
Couple-family households 10
Without children 5
With children 10
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 200
One-person households 180
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 880
Single-detached house 825
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 25
Semi-detached house 5
Row house 10
Apartment, duplex 0
Apartment, building that has fewer than five storeys 10
Other single-attached house 5
Total number of private households by household size 875
1 person 180
2 persons 320
3 persons 120
4 persons 110
5 persons 75
6 or more persons 65
Number of persons in private households 2470
Average number of persons in private households 2.8

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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