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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.

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