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Lake George, NB

Updated: Aug 2016
House
Median price $209,900
Monthly growth 96.25 %
Quarterly trend
Stock on market 0.60%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lake George Home Price

When looking across the province, Lake George is the 84th most expensive in New Brunswick.

In Aug the median listed house price of $209,900 in Lake George was an impressive compared to the rest of New Brunswick.

This month we track 178th neighbourhoods in New Brunswick, and Lake George has the 178th most choice available for real estate investors.

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

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 Lake George, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 4, this month we show 4.

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

Find a mortgage broker in Lake George, NB
Beds Median price (House) Median price (Apartment)
3 bedrooms $129,450
Demographics
  • Population in 2011895
  • Population in 2006879
  • 2006 to 2011 population change (%)1.8
  • Total private dwellings662
  • Private dwellings occupied by usual residents377
  • Population density per square kilometre3.1
  • Land area (square km)288.23

Age Characteristics

Total population by age groups 895
0 to 4 years 35
5 to 9 years 35
10 to 14 years 50
15 to 19 years 45
15 years 10
16 years 10
17 years 10
18 years 10
19 years 10
20 to 24 years 40
25 to 29 years 40
30 to 34 years 40
35 to 39 years 40
40 to 44 years 60
45 to 49 years 80
50 to 54 years 90
55 to 59 years 100
60 to 64 years 60
65 to 69 years 50
70 to 74 years 55
75 to 79 years 35
80 to 84 years 10
85 years and over 20
Median age of the population 48.8
% of the population aged 15 and over 86.3

Marital Status

Total population 15 years and over by marital status 775
Married or living with a common-law partner 510
Married (and not separated) 445
Living common-law 65
Not married and not living with a common-law partner 260
Single (never legally married) 150
Separated 20
Divorced 35
Widowed 60

Family Characteristics

Total number of census families in private households 285
Size of census family: 2 persons 175
Size of census family: 3 persons 60
Size of census family: 4 persons 40
Size of census family: 5 or more persons 15
Total number of census families in private households 290
Total couple families by family structure and number of children 250
Married couples 215
Without children at home 125
With children at home 90
1 child 40
2 children 35
3 or more children 15
Common-law couples 35
Without children at home 20
With children at home 10
1 child 10
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 40
Female parent 30
1 child 20
2 children 10
3 or more children 5
Male parent 10
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 225
Under six years of age 40
6 to 14 years 85
15 to 17 years 25
18 to 24 years 40
25 years and over 35
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 885
Number of persons not in census families 120
Living with relatives 15
Living with non-relatives only 20
Living alone 85
Number of census family persons 765
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 180
Number of persons not in census families aged 65 years and over 45
Living with relatives 5
Living with non-relatives only 10
Living alone 35
Number of census family persons aged 65 years and over 130
Total number of private households by household type 375
Census-family households 285
One-family-only households 260
Couple-family households 235
Without children 140
With children 95
Lone-parent-family households 30
Other family households 20
One-family households with persons not in a census family 15
Couple-family households 10
Without children 5
With children 0
Lone-parent-family households 0
Two-or-more-family households 10
Non-census-family households 95
One-person households 90
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 375
Single-detached house 345
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 0
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 380
1 person 90
2 persons 160
3 persons 65
4 persons 40
5 persons 20
6 or more persons 5
Number of persons in private households 885
Average number of persons in private households 2.4

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