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Burns Lake, BC

Updated: Aug 2016
House
Median price $139,000
Monthly growth -10.03 %
Quarterly trend
Stock on market 8.63%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Burns Lake Home Price

Burns Lake was Canada’s 4155th most expensive suburb by listed median house price this month.

With Burns Lake’s median house price at $139,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of British Columbia.

How big are the houses being sold in Burns Lake? This month there are 4 one bedroom 11 two bedroom 8 three bedroom 16 four bedroom 4 five bedroom homes on the market.

Across British Columbia Burns Lake has the 67th most properties on offer with 359.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Burns Lake have increased which would tend to indicate that demand is not as high as supply.

As one of British Columbia’s many potential real estate investment neighbourhoods, Burns Lake 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.

If you are looking at investment properties in Burns Lake, 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.

Find a mortgage broker in Burns Lake, BC
Beds Median price (House) Median price (Apartment)
1 bedroom $62,000
2 bedrooms $180,000
3 bedrooms $291,350
4 bedrooms $267,000
5 bedrooms $184,450
6 bedrooms $219,000
Demographics
  • Population in 20112029
  • Population in 20062107
  • 2006 to 2011 population change (%)-3.7
  • Total private dwellings846
  • Private dwellings occupied by usual residents766
  • Population density per square kilometre307.7
  • Land area (square km)6.59

Age Characteristics

Total population by age groups 2030
0 to 4 years 165
5 to 9 years 140
10 to 14 years 150
15 to 19 years 175
15 years 30
16 years 40
17 years 30
18 years 40
19 years 35
20 to 24 years 130
25 to 29 years 145
30 to 34 years 130
35 to 39 years 115
40 to 44 years 150
45 to 49 years 150
50 to 54 years 135
55 to 59 years 100
60 to 64 years 90
65 to 69 years 70
70 to 74 years 45
75 to 79 years 60
80 to 84 years 55
85 years and over 40
Median age of the population 34.4
% of the population aged 15 and over 77.9

Marital Status

Total population 15 years and over by marital status 1580
Married or living with a common-law partner 880
Married (and not separated) 655
Living common-law 225
Not married and not living with a common-law partner 700
Single (never legally married) 465
Separated 45
Divorced 85
Widowed 105

Family Characteristics

Total number of census families in private households 545
Size of census family: 2 persons 270
Size of census family: 3 persons 110
Size of census family: 4 persons 100
Size of census family: 5 or more persons 65
Total number of census families in private households 545
Total couple families by family structure and number of children 425
Married couples 310
Without children at home 160
With children at home 155
1 child 55
2 children 65
3 or more children 35
Common-law couples 115
Without children at home 50
With children at home 60
1 child 30
2 children 10
3 or more children 20
Total lone-parent families by sex of parent and number of children 120
Female parent 95
1 child 50
2 children 25
3 or more children 25
Male parent 25
1 child 15
2 children 10
3 or more children 0
Total children in census families in private households 665
Under six years of age 180
6 to 14 years 255
15 to 17 years 95
18 to 24 years 100
25 years and over 35
Average number of children at home per census family 1.2

Household And Dwelling Characteristics

Total number of persons in private households 1970
Number of persons not in census families 330
Living with relatives 60
Living with non-relatives only 60
Living alone 215
Number of census family persons 1635
Average number of persons per census family 3
Total number of persons 65 years and over in private households 210
Number of persons not in census families aged 65 years and over 90
Living with relatives 0
Living with non-relatives only 5
Living alone 85
Number of census family persons aged 65 years and over 120
Total number of private households by household type 770
Census-family households 520
One-family-only households 465
Couple-family households 380
Without children 195
With children 185
Lone-parent-family households 80
Other family households 55
One-family households with persons not in a census family 35
Couple-family households 20
Without children 10
With children 10
Lone-parent-family households 15
Two-or-more-family households 20
Non-census-family households 245
One-person households 215
Two-or-more-person households 30
Total number of occupied private dwellings by structural type of dwelling 765
Single-detached house 500
Apartment, building that has five or more storeys 0
Movable dwelling 45
Other dwelling 220
Semi-detached house 20
Row house 40
Apartment, duplex 30
Apartment, building that has fewer than five storeys 130
Other single-attached house 0
Total number of private households by household size 765
1 person 215
2 persons 260
3 persons 105
4 persons 95
5 persons 45
6 or more persons 40
Number of persons in private households 1965
Average number of persons in private households 2.6

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