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Niverville, MB

Updated: Aug 2016
House
Median price $367,400
Monthly growth 5.00 %
Quarterly trend
Stock on market 3.82%
Apartment
Median price $172,400
Monthly growth -1.42 %
Quarterly trend
Stock on market 1.33%

Niverville Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Niverville is number 939 putting it ahead of most neighbourhoods .

When our research team crunched the numbers we calculated that Niverville has a median home price of $367,400.

Niverville’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

This month we track 18th neighbourhoods in Manitoba, and Niverville has the 18th most choice available for real estate investors.

Manitoba 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 Niverville there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

While the median for Manitoba is $214,900 , which means that Niverville’s median price is $172,400 below average than the rest of the province.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

From our data, it appears that neighbourhood is number 310th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Niverville there is more stock than three months ago. This would indicate pressure on prices easing.

Beds Median price (House) Median price (Apartment)
1 bedroom $143,700
2 bedrooms $324,900 $172,400
3 bedrooms $354,900
4 bedrooms $359,900
5 bedrooms $399,950
6 bedrooms $532,400
Demographics
  • Population in 20113540
  • Population in 20062464
  • 2006 to 2011 population change (%)43.7
  • Total private dwellings1203
  • Private dwellings occupied by usual residents1148
  • Population density per square kilometre402.9
  • Land area (square km)8.79