Ads Google

Buffalo Point, MB

Updated: Aug 2016
House
Median price $249,000
Monthly growth 55.72 %
Quarterly trend
Stock on market 1.59%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Buffalo Point Home Price

Canada’s national median home listing price this month is $290,900, which means that Buffalo Point is close to average for Canada.

When our research team crunched the numbers we calculated that Buffalo Point has a median home price of $249,000.

Manitoba has the sixth least amount of properties available to property investors, with Buffalo Point having 140th most in the province, out of a total of 250.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Buffalo Point there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

When we look at the data we have, it can help with trying to establish whether or not Buffalo Point is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Buffalo Point 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)
3 bedrooms $167,200
Demographics
  • Population in 2011162
  • Population in 2006141
  • 2006 to 2011 population change (%)14.9
  • Total private dwellings314
  • Private dwellings occupied by usual residents84
  • Population density per square kilometre9.9
  • Land area (square km)16.3