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Balsam Bay, MB

Updated: Jun 2016
House
Median price $329,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Balsam Bay Home Price

When looking across the province, Balsam Bay is the 44th most expensive in Manitoba.

In Jun the median listed house price of $329,900 in Balsam Bay was an impressive compared to the rest of Manitoba.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Jun this neighbourhood’s most common listing has properties with fewer bedrooms.

This month we track 165th neighbourhoods in Manitoba, and Balsam Bay has the 165th most choice available for real estate investors.

Will prices rise across the next year in in Balsam Bay? There are a number of real estate indicators to consider.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
3 bedrooms $274,450
Demographics
  • Population in 201110505
  • Population in 20069706
  • 2006 to 2011 population change (%)8.2
  • Total private dwellings5191
  • Private dwellings occupied by usual residents3992
  • Population density per square kilometre14.4
  • Land area (square km)728.65