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Forrest, MB

Updated: Aug 2016
House
Median price $489,000
Monthly growth
Quarterly trend
Stock on market 0.63%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Forrest Home Price

When looking across the province, Forrest is the 12th most expensive in Manitoba.

The $489,000 price tag on the median Forrest home means that it is quite highly priced by Canadian standards.

If you’re looking at investment properties in Forrest, then you’re most likely to find homes with 5 bedrooms on sale this month.

According to our stats, Forrest is the neighbourhood that has the 178th most properties available to real estate investors in Manitoba.

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

Manitoba has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

If you are looking at investment properties in Forrest, 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)
5 bedrooms $442,400
Demographics
  • Population in 20111257
  • Population in 20061285
  • 2006 to 2011 population change (%)-2.2
  • Total private dwellings478
  • Private dwellings occupied by usual residents449
  • Population density per square kilometre2.2
  • Land area (square km)571.85

Age Characteristics

Total population by age groups 1260
0 to 4 years 75
5 to 9 years 60
10 to 14 years 80
15 to 19 years 120
15 years 20
16 years 20
17 years 35
18 years 25
19 years 20
20 to 24 years 75
25 to 29 years 65
30 to 34 years 70
35 to 39 years 45
40 to 44 years 85
45 to 49 years 135
50 to 54 years 140
55 to 59 years 100
60 to 64 years 90
65 to 69 years 45
70 to 74 years 30
75 to 79 years 25
80 to 84 years 15
85 years and over 5
Median age of the population 41.9
% of the population aged 15 and over 82.2

Marital Status

Total population 15 years and over by marital status 1035
Married or living with a common-law partner 725
Married (and not separated) 645
Living common-law 80
Not married and not living with a common-law partner 310
Single (never legally married) 235
Separated 20
Divorced 30
Widowed 30

Family Characteristics

Total number of census families in private households 390
Size of census family: 2 persons 200
Size of census family: 3 persons 80
Size of census family: 4 persons 85
Size of census family: 5 or more persons 25
Total number of census families in private households 390
Total couple families by family structure and number of children 355
Married couples 315
Without children at home 155
With children at home 160
1 child 65
2 children 75
3 or more children 25
Common-law couples 40
Without children at home 30
With children at home 10
1 child 10
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 35
Female parent 20
1 child 10
2 children 5
3 or more children 5
Male parent 15
1 child 10
2 children 5
3 or more children 0
Total children in census families in private households 375
Under six years of age 75
6 to 14 years 115
15 to 17 years 65
18 to 24 years 85
25 years and over 35
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 1210
Number of persons not in census families 80
Living with relatives 15
Living with non-relatives only 10
Living alone 55
Number of census family persons 1125
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 125
Number of persons not in census families aged 65 years and over 25
Living with relatives 0
Living with non-relatives only 0
Living alone 20
Number of census family persons aged 65 years and over 100
Total number of private households by household type 450
Census-family households 385
One-family-only households 365
Couple-family households 340
Without children 175
With children 165
Lone-parent-family households 30
Other family households 20
One-family households with persons not in a census family 10
Couple-family households 15
Without children 5
With children 10
Lone-parent-family households 5
Two-or-more-family households 10
Non-census-family households 65
One-person households 55
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 450
Single-detached house 415
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 450
1 person 60
2 persons 195
3 persons 80
4 persons 85
5 persons 15
6 or more persons 20
Number of persons in private households 1210
Average number of persons in private households 2.7

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