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Lee River, MB

Updated: Oct 2014
House
Median price $229,900
Monthly growth -4.16 %
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lee River Home Price

Lee River was Canada’s 2253th most expensive suburb by listed median house price this month.

When our research team crunched the numbers we calculated that Lee River has a median home price of $229,900.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lee River has not many at all compared to the rest of the province

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Lee River will hopefully provide an indicator to help you where to research in-depth

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Oct this neighbourhood’s most common listing the same as the national average.

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

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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $229,900
Demographics
  • Population in 20112671
  • Population in 20062812
  • 2006 to 2011 population change (%)-5
  • Total private dwellings2431
  • Private dwellings occupied by usual residents1097
  • Population density per square kilometre2.4
  • Land area (square km)1100.17

Age Characteristics

Total population by age groups 2670
0 to 4 years 85
5 to 9 years 105
10 to 14 years 130
15 to 19 years 160
15 years 40
16 years 30
17 years 25
18 years 35
19 years 25
20 to 24 years 155
25 to 29 years 60
30 to 34 years 105
35 to 39 years 125
40 to 44 years 150
45 to 49 years 195
50 to 54 years 235
55 to 59 years 265
60 to 64 years 340
65 to 69 years 255
70 to 74 years 155
75 to 79 years 80
80 to 84 years 45
85 years and over 25
Median age of the population 51.4
% of the population aged 15 and over 88

Marital Status

Total population 15 years and over by marital status 2350
Married or living with a common-law partner 1610
Married (and not separated) 1430
Living common-law 180
Not married and not living with a common-law partner 740
Single (never legally married) 490
Separated 50
Divorced 105
Widowed 100

Family Characteristics

Total number of census families in private households 845
Size of census family: 2 persons 600
Size of census family: 3 persons 95
Size of census family: 4 persons 105
Size of census family: 5 or more persons 40
Total number of census families in private households 845
Total couple families by family structure and number of children 780
Married couples 690
Without children at home 500
With children at home 190
1 child 70
2 children 85
3 or more children 35
Common-law couples 90
Without children at home 60
With children at home 30
1 child 10
2 children 15
3 or more children 5
Total lone-parent families by sex of parent and number of children 65
Female parent 45
1 child 25
2 children 10
3 or more children 5
Male parent 20
1 child 10
2 children 5
3 or more children 0
Total children in census families in private households 505
Under six years of age 80
6 to 14 years 190
15 to 17 years 85
18 to 24 years 105
25 years and over 45
Average number of children at home per census family 0.6

Household And Dwelling Characteristics

Total number of persons in private households 2450
Number of persons not in census families 325
Living with relatives 40
Living with non-relatives only 30
Living alone 255
Number of census family persons 2130
Average number of persons per census family 2.5
Total number of persons 65 years and over in private households 550
Number of persons not in census families aged 65 years and over 105
Living with relatives 5
Living with non-relatives only 10
Living alone 90
Number of census family persons aged 65 years and over 445
Total number of private households by household type 1095
Census-family households 835
One-family-only households 800
Couple-family households 755
Without children 550
With children 205
Lone-parent-family households 40
Other family households 35
One-family households with persons not in a census family 20
Couple-family households 15
Without children 5
With children 10
Lone-parent-family households 15
Two-or-more-family households 10
Non-census-family households 260
One-person households 250
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 1100
Single-detached house 1045
Apartment, building that has five or more storeys 0
Movable dwelling 45
Other dwelling 5
Semi-detached house 5
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 5
Total number of private households by household size 1100
1 person 255
2 persons 585
3 persons 90
4 persons 110
5 persons 40
6 or more persons 15
Number of persons in private households 2450
Average number of persons in private households 2.2

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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