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Lowe Farm, MB

Updated: Aug 2016
House
Median price $139,900
Monthly growth -6.67 %
Quarterly trend
Stock on market 0.20%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lowe Farm Home Price

Canada’s national median home listing price this month is $290,900, which means that Lowe Farm is in the bottom 40% for Canada.

With Lowe Farm’s median house price at $139,900 in Aug , it is below average compared to the rest of Manitoba.

There are 250 neighbourhoods that have more properties on sale than Lowe Farm at the moment in Manitoba which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

As one of Manitoba’s many potential real estate investment neighbourhoods, Lowe Farm 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 decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

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

Can we guarantee how well Lowe Farm 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.

If you are looking at investment properties in Lowe Farm, 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.

Find a mortgage broker in Lowe Farm, MB
Beds Median price (House) Median price (Apartment)
4 bedrooms $182,450
Demographics
  • Total private dwellings980
  • Private dwellings occupied by usual residents950
  • Population density per square kilometre2.9
  • Land area (square km)1041.15
  • Population in 20112999
  • Population in 20062662
  • 2006 to 2011 population change (%)12.7

Age Characteristics

Total population by age groups 2995
0 to 4 years 275
5 to 9 years 235
10 to 14 years 265
15 to 19 years 230
15 years 60
16 years 45
17 years 45
18 years 45
19 years 40
20 to 24 years 210
25 to 29 years 165
30 to 34 years 190
35 to 39 years 150
40 to 44 years 180
45 to 49 years 215
50 to 54 years 210
55 to 59 years 185
60 to 64 years 135
65 to 69 years 120
70 to 74 years 95
75 to 79 years 75
80 to 84 years 40
85 years and over 30
Median age of the population 33.4
% of the population aged 15 and over 74.3

Marital Status

Total population 15 years and over by marital status 2230
Married or living with a common-law partner 1590
Married (and not separated) 1500
Living common-law 85
Not married and not living with a common-law partner 645
Single (never legally married) 540
Separated 20
Divorced 20
Widowed 60

Family Characteristics

Total number of census families in private households 795
Size of census family: 2 persons 350
Size of census family: 3 persons 120
Size of census family: 4 persons 130
Size of census family: 5 or more persons 200
Total number of census families in private households 800
Total couple families by family structure and number of children 765
Married couples 720
Without children at home 305
With children at home 415
1 child 105
2 children 125
3 or more children 190
Common-law couples 45
Without children at home 20
With children at home 15
1 child 5
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 30
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 1140
Under six years of age 280
6 to 14 years 445
15 to 17 years 145
18 to 24 years 215
25 years and over 55
Average number of children at home per census family 1.4

Household And Dwelling Characteristics

Total number of persons in private households 2910
Number of persons not in census families 210
Living with relatives 45
Living with non-relatives only 20
Living alone 150
Number of census family persons 2695
Average number of persons per census family 3.4
Total number of persons 65 years and over in private households 320
Number of persons not in census families aged 65 years and over 75
Living with relatives 10
Living with non-relatives only 0
Living alone 70
Number of census family persons aged 65 years and over 245
Total number of private households by household type 950
Census-family households 785
One-family-only households 760
Couple-family households 740
Without children 320
With children 420
Lone-parent-family households 20
Other family households 30
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 5
Two-or-more-family households 10
Non-census-family households 160
One-person households 150
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 950
Single-detached house 855
Apartment, building that has five or more storeys 0
Movable dwelling 25
Other dwelling 75
Semi-detached house 5
Row house 50
Apartment, duplex 5
Apartment, building that has fewer than five storeys 15
Other single-attached house 0
Total number of private households by household size 950
1 person 150
2 persons 340
3 persons 125
4 persons 125
5 persons 110
6 or more persons 100
Number of persons in private households 2905
Average number of persons in private households 3.1

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