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Otterburne, MB

Updated: Aug 2016
House
Median price $224,900
Monthly growth 2.27 %
Quarterly trend
Stock on market 0.47%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Otterburne Home Price

With a median listing price of $224,900, Otterburne is Canada’s 2464th most expensive when ordered by median listing price.

Want a cheaply priced house? Then at $224,900 this month, Otterburne, Manitoba is a possibility for you price wise.

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

Manitoba has the sixth least amount of properties available to property investors, with Otterburne having 117th most in the province, out of a total of 250.

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

If you are looking at investment properties in Otterburne, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Otterburne there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Find a mortgage broker in Otterburne, MB
Beds Median price (House) Median price (Apartment)
4 bedrooms $246,400
Demographics
  • Population density per square kilometre5.1
  • Land area (square km)670.29
  • Population in 20113450
  • Population in 20063349
  • 2006 to 2011 population change (%)3
  • Total private dwellings1278
  • Private dwellings occupied by usual residents1108

Age Characteristics

Total population by age groups 3450
0 to 4 years 250
5 to 9 years 260
10 to 14 years 240
15 to 19 years 275
15 years 55
16 years 60
17 years 55
18 years 45
19 years 60
20 to 24 years 225
25 to 29 years 220
30 to 34 years 205
35 to 39 years 210
40 to 44 years 220
45 to 49 years 240
50 to 54 years 255
55 to 59 years 240
60 to 64 years 175
65 to 69 years 160
70 to 74 years 100
75 to 79 years 75
80 to 84 years 55
85 years and over 50
Median age of the population 36.3
% of the population aged 15 and over 78.3

Marital Status

Total population 15 years and over by marital status 2705
Married or living with a common-law partner 1805
Married (and not separated) 1625
Living common-law 175
Not married and not living with a common-law partner 900
Single (never legally married) 650
Separated 65
Divorced 65
Widowed 120

Family Characteristics

Total number of census families in private households 895
Size of census family: 2 persons 460
Size of census family: 3 persons 155
Size of census family: 4 persons 155
Size of census family: 5 or more persons 125
Total number of census families in private households 895
Total couple families by family structure and number of children 815
Married couples 725
Without children at home 370
With children at home 360
1 child 115
2 children 130
3 or more children 115
Common-law couples 85
Without children at home 45
With children at home 45
1 child 15
2 children 15
3 or more children 5
Total lone-parent families by sex of parent and number of children 80
Female parent 50
1 child 25
2 children 15
3 or more children 10
Male parent 25
1 child 20
2 children 5
3 or more children 0
Total children in census families in private households 970
Under six years of age 235
6 to 14 years 375
15 to 17 years 130
18 to 24 years 175
25 years and over 60
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 2990
Number of persons not in census families 305
Living with relatives 55
Living with non-relatives only 45
Living alone 210
Number of census family persons 2680
Average number of persons per census family 3
Total number of persons 65 years and over in private households 365
Number of persons not in census families aged 65 years and over 100
Living with relatives 10
Living with non-relatives only 5
Living alone 80
Number of census family persons aged 65 years and over 265
Total number of private households by household type 1110
Census-family households 885
One-family-only households 830
Couple-family households 765
Without children 385
With children 385
Lone-parent-family households 65
Other family households 50
One-family households with persons not in a census family 40
Couple-family households 30
Without children 20
With children 10
Lone-parent-family households 10
Two-or-more-family households 15
Non-census-family households 225
One-person households 210
Two-or-more-person households 20
Total number of occupied private dwellings by structural type of dwelling 1105
Single-detached house 970
Apartment, building that has five or more storeys 5
Movable dwelling 20
Other dwelling 115
Semi-detached house 15
Row house 15
Apartment, duplex 5
Apartment, building that has fewer than five storeys 85
Other single-attached house 0
Total number of private households by household size 1105
1 person 205
2 persons 435
3 persons 160
4 persons 165
5 persons 100
6 or more persons 40
Number of persons in private households 2985
Average number of persons in private households 2.7

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