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Lac La Biche, AB

Updated: Aug 2016
House
Median price $410,000
Monthly growth 17.47 %
Quarterly trend
Stock on market 1.21%
Apartment
Median price $306,000
Monthly growth 3.72 %
Quarterly trend
Stock on market 0.21%

Lac La Biche Home Price

Canada’s national median home listing price this month is $290,900, which means that Lac La Biche is in the top 20% for Canada.

In Aug the median listed house price of $410,000 in Lac La Biche was an impressive compared to the rest of Alberta.

Lac La Biche’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lac La Biche has a huge choice compared to the rest of the province

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lac La Biche, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 50, this month we show 47.

Canada’s national median home listing price this month is $244,900, which means that Lac La Biche is in the top 20% for Canada.

Lac La Biche, Alberta has a median house price of $306,000 when compiling all the home listings in Aug .

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

There are 99 neighbourhoods that have more properties on sale than Lac La Biche at the moment in Alberta which puts the neighbourhood middle range when looking at the number of properties to choose from.

Can we guarantee how well Lac La Biche is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lac La Biche, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 12, this month we show 8.

Find a mortgage broker in Lac La Biche, AB
Beds Median price (House) Median price (Apartment)
2 bedrooms $202,000 $317,000
3 bedrooms $365,000
4 bedrooms $539,000
5 bedrooms $435,000
6 bedrooms $399,900
Demographics
  • Population in 20118402
  • Population in 20069123
  • 2006 to 2011 population change (%)-7.9
  • Total private dwellings3888
  • Private dwellings occupied by usual residents2989
  • Population density per square kilometre0.5
  • Land area (square km)16300.95

Age Characteristics

Total population by age groups 8405
0 to 4 years 565
5 to 9 years 595
10 to 14 years 630
15 to 19 years 695
15 years 120
16 years 155
17 years 140
18 years 130
19 years 155
20 to 24 years 500
25 to 29 years 535
30 to 34 years 505
35 to 39 years 515
40 to 44 years 575
45 to 49 years 670
50 to 54 years 575
55 to 59 years 565
60 to 64 years 445
65 to 69 years 340
70 to 74 years 255
75 to 79 years 190
80 to 84 years 130
85 years and over 110
Median age of the population 36.8
% of the population aged 15 and over 78.7

Marital Status

Total population 15 years and over by marital status 6610
Married or living with a common-law partner 4085
Married (and not separated) 3415
Living common-law 680
Not married and not living with a common-law partner 2525
Single (never legally married) 1760
Separated 160
Divorced 295
Widowed 310

Family Characteristics

Total number of census families in private households 2360
Size of census family: 2 persons 1135
Size of census family: 3 persons 480
Size of census family: 4 persons 425
Size of census family: 5 or more persons 320
Total number of census families in private households 2360
Total couple families by family structure and number of children 1990
Married couples 1650
Without children at home 740
With children at home 910
1 child 310
2 children 340
3 or more children 260
Common-law couples 340
Without children at home 190
With children at home 150
1 child 60
2 children 50
3 or more children 40
Total lone-parent families by sex of parent and number of children 375
Female parent 270
1 child 140
2 children 90
3 or more children 50
Male parent 100
1 child 70
2 children 20
3 or more children 10
Total children in census families in private households 2835
Under six years of age 655
6 to 14 years 1100
15 to 17 years 390
18 to 24 years 475
25 years and over 215
Average number of children at home per census family 1.2

Household And Dwelling Characteristics

Total number of persons in private households 8240
Number of persons not in census families 1065
Living with relatives 185
Living with non-relatives only 275
Living alone 605
Number of census family persons 7180
Average number of persons per census family 3
Total number of persons 65 years and over in private households 920
Number of persons not in census families aged 65 years and over 250
Living with relatives 30
Living with non-relatives only 15
Living alone 210
Number of census family persons aged 65 years and over 665
Total number of private households by household type 2985
Census-family households 2275
One-family-only households 2060
Couple-family households 1790
Without children 835
With children 955
Lone-parent-family households 270
Other family households 220
One-family households with persons not in a census family 145
Couple-family households 95
Without children 35
With children 60
Lone-parent-family households 50
Two-or-more-family households 75
Non-census-family households 710
One-person households 605
Two-or-more-person households 105
Total number of occupied private dwellings by structural type of dwelling 2985
Single-detached house 2180
Apartment, building that has five or more storeys 0
Movable dwelling 440
Other dwelling 365
Semi-detached house 15
Row house 60
Apartment, duplex 30
Apartment, building that has fewer than five storeys 260
Other single-attached house 0
Total number of private households by household size 2990
1 person 605
2 persons 1055
3 persons 465
4 persons 465
5 persons 245
6 or more persons 155
Number of persons in private households 8240
Average number of persons in private households 2.8

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