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Ninette, MB

Updated: Aug 2016
House
Median price $149,500
Monthly growth -5.07 %
Quarterly trend
Stock on market 1.41%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Ninette Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Ninette is number 3924 putting it behind most of Canada .

While the median for Manitoba is $264,900 , which means that Ninette’s median price is $149,500 a lot lower than the rest of the province.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

As one of Manitoba’s many potential real estate investment neighbourhoods, Ninette 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.

Over the last three months in Ninette, housing stock available seems to be falling – this could mean that homes values might increase faster.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
2 bedrooms $129,000
3 bedrooms $149,500
Demographics
  • Population in 2011780
  • Population in 2006809
  • 2006 to 2011 population change (%)-3.6
  • Total private dwellings354
  • Private dwellings occupied by usual residents271
  • Population density per square kilometre1.4
  • Land area (square km)577.34