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Masset, BC

Updated: Aug 2016
House
Median price $229,000
Monthly growth 24.45 %
Quarterly trend
Stock on market 1.79%
Apartment
Median price $79,000
Monthly growth 17.12 %
Quarterly trend
Stock on market 0.60%

Masset Home Price

Across the country as a whole, Masset is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for British Columbia is $519,000 , which means that Masset’s median price is $229,000 better than average than the rest of the province.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Is Masset a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

In Masset, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

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

When our research team crunched the numbers we calculated that Masset has a median home price of $79,000.

If you’re looking at investment properties in Masset, then you’re most likely to find homes with 4 bedrooms on sale this month.

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

As one of British Columbia’s many potential real estate investment neighbourhoods, Masset 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.

In Masset, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Find a mortgage broker in Masset, BC
Beds Median price (House) Median price (Apartment)
2 bedrooms $427,500
4 bedrooms $153,500 $67,450
Demographics
  • Population in 2011884
  • Population in 2006940
  • 2006 to 2011 population change (%)-6
  • Total private dwellings504
  • Private dwellings occupied by usual residents400
  • Population density per square kilometre42.9
  • Land area (square km)20.61

Age Characteristics

Total population by age groups 885
0 to 4 years 55
5 to 9 years 55
10 to 14 years 50
15 to 19 years 60
15 years 15
16 years 5
17 years 10
18 years 15
19 years 10
20 to 24 years 40
25 to 29 years 60
30 to 34 years 55
35 to 39 years 55
40 to 44 years 55
45 to 49 years 90
50 to 54 years 60
55 to 59 years 85
60 to 64 years 55
65 to 69 years 55
70 to 74 years 25
75 to 79 years 15
80 to 84 years 10
85 years and over 10
Median age of the population 41.4
% of the population aged 15 and over 82.4

Marital Status

Total population 15 years and over by marital status 730
Married or living with a common-law partner 395
Married (and not separated) 265
Living common-law 125
Not married and not living with a common-law partner 335
Single (never legally married) 210
Separated 30
Divorced 60
Widowed 30

Family Characteristics

Total number of census families in private households 245
Size of census family: 2 persons 140
Size of census family: 3 persons 45
Size of census family: 4 persons 35
Size of census family: 5 or more persons 20
Total number of census families in private households 240
Total couple families by family structure and number of children 190
Married couples 130
Without children at home 80
With children at home 50
1 child 15
2 children 20
3 or more children 15
Common-law couples 60
Without children at home 35
With children at home 25
1 child 10
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 50
Female parent 40
1 child 20
2 children 15
3 or more children 10
Male parent 15
1 child 10
2 children 5
3 or more children 0
Total children in census families in private households 245
Under six years of age 65
6 to 14 years 90
15 to 17 years 25
18 to 24 years 35
25 years and over 25
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 860
Number of persons not in census families 190
Living with relatives 20
Living with non-relatives only 30
Living alone 140
Number of census family persons 675
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 100
Number of persons not in census families aged 65 years and over 35
Living with relatives 0
Living with non-relatives only 0
Living alone 30
Number of census family persons aged 65 years and over 70
Total number of private households by household type 400
Census-family households 240
One-family-only households 235
Couple-family households 185
Without children 115
With children 70
Lone-parent-family households 50
Other family households 10
One-family households with persons not in a census family 10
Couple-family households 5
Without children 5
With children 5
Lone-parent-family households 5
Two-or-more-family households 0
Non-census-family households 160
One-person households 140
Two-or-more-person households 20
Total number of occupied private dwellings by structural type of dwelling 400
Single-detached house 265
Apartment, building that has five or more storeys 0
Movable dwelling 20
Other dwelling 120
Semi-detached house 90
Row house 5
Apartment, duplex 5
Apartment, building that has fewer than five storeys 20
Other single-attached house 0
Total number of private households by household size 400
1 person 140
2 persons 150
3 persons 45
4 persons 40
5 persons 15
6 or more persons 5
Number of persons in private households 865
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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