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Botwood, NL

Updated: Aug 2016
House
Median price $129,900
Monthly growth -5.49 %
Quarterly trend
Stock on market 1.73%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Botwood Home Price

The median asking price in Botwood is $129,900, quite a drop from the median three months ago which was $156,950 .

When our research team crunched the numbers we calculated that Botwood has a median home price of $129,900.

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

Newfoundland and Labrador has the second least amount of properties available to property investors, with Botwood having 25th most in the province, out of a total of 197.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Botwood 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 decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

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

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $91,250
3 bedrooms $164,900
4 bedrooms $122,400
Demographics
  • Population in 20113008
  • Population in 20063052
  • 2006 to 2011 population change (%)-1.4
  • Total private dwellings1326
  • Private dwellings occupied by usual residents1257
  • Population density per square kilometre199.9
  • Land area (square km)15.05

Age Characteristics

Total population by age groups 3010
0 to 4 years 105
5 to 9 years 130
10 to 14 years 155
15 to 19 years 180
15 years 40
16 years 40
17 years 35
18 years 40
19 years 30
20 to 24 years 85
25 to 29 years 90
30 to 34 years 125
35 to 39 years 170
40 to 44 years 210
45 to 49 years 245
50 to 54 years 235
55 to 59 years 275
60 to 64 years 295
65 to 69 years 230
70 to 74 years 165
75 to 79 years 135
80 to 84 years 85
85 years and over 105
Median age of the population 50.5
% of the population aged 15 and over 87.4

Marital Status

Total population 15 years and over by marital status 2625
Married or living with a common-law partner 1730
Married (and not separated) 1540
Living common-law 190
Not married and not living with a common-law partner 895
Single (never legally married) 480
Separated 55
Divorced 110
Widowed 255

Family Characteristics

Total number of census families in private households 955
Size of census family: 2 persons 575
Size of census family: 3 persons 215
Size of census family: 4 persons 130
Size of census family: 5 or more persons 40
Total number of census families in private households 955
Total couple families by family structure and number of children 840
Married couples 745
Without children at home 450
With children at home 295
1 child 160
2 children 110
3 or more children 25
Common-law couples 95
Without children at home 40
With children at home 55
1 child 20
2 children 20
3 or more children 10
Total lone-parent families by sex of parent and number of children 115
Female parent 100
1 child 65
2 children 30
3 or more children 10
Male parent 15
1 child 10
2 children 5
3 or more children 0
Total children in census families in private households 715
Under six years of age 125
6 to 14 years 255
15 to 17 years 115
18 to 24 years 120
25 years and over 105
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 2895
Number of persons not in census families 380
Living with relatives 45
Living with non-relatives only 45
Living alone 295
Number of census family persons 2515
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 610
Number of persons not in census families aged 65 years and over 160
Living with relatives 20
Living with non-relatives only 5
Living alone 135
Number of census family persons aged 65 years and over 450
Total number of private households by household type 1255
Census-family households 940
One-family-only households 890
Couple-family households 785
Without children 465
With children 320
Lone-parent-family households 105
Other family households 50
One-family households with persons not in a census family 35
Couple-family households 30
Without children 15
With children 15
Lone-parent-family households 5
Two-or-more-family households 15
Non-census-family households 315
One-person households 290
Two-or-more-person households 25
Total number of occupied private dwellings by structural type of dwelling 1260
Single-detached house 1035
Apartment, building that has five or more storeys 0
Movable dwelling 20
Other dwelling 200
Semi-detached house 55
Row house 20
Apartment, duplex 40
Apartment, building that has fewer than five storeys 85
Other single-attached house 0
Total number of private households by household size 1255
1 person 295
2 persons 555
3 persons 220
4 persons 135
5 persons 45
6 or more persons 15
Number of persons in private households 2895
Average number of persons in private households 2.3

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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