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Lake Verde, PE

Updated: Aug 2016
House
Median price $309,950
Monthly growth
Quarterly trend
Stock on market 0.44%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lake Verde Home Price

Across the country as a whole, Lake Verde is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Lake Verde has a median home price of $309,950.

Prince Edward Island has the fourth least amount of properties available to property investors, with Lake Verde having 140th most in the province, out of a total of 218.

Prince Edward Island 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lake Verde there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Lake Verde 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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $319,950
Demographics
  • Population in 20111077
  • Population in 20061043
  • 2006 to 2011 population change (%)3.3
  • Total private dwellings453
  • Private dwellings occupied by usual residents403
  • Population density per square kilometre11.3
  • Land area (square km)95.37

Age Characteristics

Total population by age groups 1080
0 to 4 years 70
5 to 9 years 70
10 to 14 years 55
15 to 19 years 85
15 years 20
16 years 25
17 years 10
18 years 15
19 years 15
20 to 24 years 65
25 to 29 years 45
30 to 34 years 65
35 to 39 years 70
40 to 44 years 80
45 to 49 years 90
50 to 54 years 75
55 to 59 years 85
60 to 64 years 70
65 to 69 years 60
70 to 74 years 45
75 to 79 years 25
80 to 84 years 5
85 years and over 15
Median age of the population 40.8
% of the population aged 15 and over 82.6

Marital Status

Total population 15 years and over by marital status 890
Married or living with a common-law partner 555
Married (and not separated) 515
Living common-law 45
Not married and not living with a common-law partner 330
Single (never legally married) 235
Separated 25
Divorced 40
Widowed 30

Family Characteristics

Total number of census families in private households 320
Size of census family: 2 persons 160
Size of census family: 3 persons 50
Size of census family: 4 persons 70
Size of census family: 5 or more persons 40
Total number of census families in private households 320
Total couple families by family structure and number of children 275
Married couples 255
Without children at home 120
With children at home 135
1 child 35
2 children 60
3 or more children 35
Common-law couples 20
Without children at home 10
With children at home 10
1 child 0
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 45
Female parent 25
1 child 20
2 children 5
3 or more children 0
Male parent 15
1 child 10
2 children 5
3 or more children 0
Total children in census families in private households 365
Under six years of age 90
6 to 14 years 105
15 to 17 years 55
18 to 24 years 80
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 1075
Number of persons not in census families 120
Living with relatives 20
Living with non-relatives only 20
Living alone 75
Number of census family persons 955
Average number of persons per census family 3
Total number of persons 65 years and over in private households 150
Number of persons not in census families aged 65 years and over 45
Living with relatives 15
Living with non-relatives only 0
Living alone 35
Number of census family persons aged 65 years and over 105
Total number of private households by household type 400
Census-family households 315
One-family-only households 295
Couple-family households 260
Without children 130
With children 135
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 0
With children 10
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 90
One-person households 80
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 405
Single-detached house 375
Apartment, building that has five or more storeys 0
Movable dwelling 20
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 405
1 person 75
2 persons 160
3 persons 50
4 persons 65
5 persons 40
6 or more persons 10
Number of persons in private households 1075
Average number of persons in private households 2.7

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