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River Bourgeois, NS

Updated: Aug 2016
House
Median price $159,000
Monthly growth 15.63 %
Quarterly trend
Stock on market 0.24%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

River Bourgeois Home Price

When looking across the province, River Bourgeois is the 560th most expensive in Nova Scotia.

The $159,000 price tag on the median River Bourgeois home means that it is below the national norm.

This month we track 264th neighbourhoods in Nova Scotia, and River Bourgeois has the 264th most choice available for real estate investors.

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In River Bourgeois, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 5.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, River Bourgeois 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 River Bourgeois 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 River Bourgeois, NS
Beds Median price (House) Median price (Apartment)
3 bedrooms $139,900
4 bedrooms $145,750
Demographics
  • Population in 20113953
  • Population in 20064072
  • 2006 to 2011 population change (%)-2.9
  • Total private dwellings2061
  • Private dwellings occupied by usual residents1691
  • Population density per square kilometre8.5
  • Land area (square km)465.06

Age Characteristics

Total population by age groups 3955
0 to 4 years 145
5 to 9 years 175
10 to 14 years 190
15 to 19 years 225
15 years 55
16 years 40
17 years 40
18 years 45
19 years 50
20 to 24 years 150
25 to 29 years 120
30 to 34 years 200
35 to 39 years 235
40 to 44 years 220
45 to 49 years 275
50 to 54 years 310
55 to 59 years 340
60 to 64 years 390
65 to 69 years 315
70 to 74 years 240
75 to 79 years 165
80 to 84 years 115
85 years and over 130
Median age of the population 50.6
% of the population aged 15 and over 87.1

Marital Status

Total population 15 years and over by marital status 3445
Married or living with a common-law partner 2140
Married (and not separated) 1860
Living common-law 275
Not married and not living with a common-law partner 1310
Single (never legally married) 700
Separated 105
Divorced 180
Widowed 315

Family Characteristics

Total number of census families in private households 1225
Size of census family: 2 persons 735
Size of census family: 3 persons 235
Size of census family: 4 persons 200
Size of census family: 5 or more persons 55
Total number of census families in private households 1225
Total couple families by family structure and number of children 1055
Married couples 915
Without children at home 535
With children at home 375
1 child 165
2 children 165
3 or more children 45
Common-law couples 140
Without children at home 90
With children at home 50
1 child 30
2 children 15
3 or more children 10
Total lone-parent families by sex of parent and number of children 170
Female parent 140
1 child 85
2 children 35
3 or more children 15
Male parent 35
1 child 30
2 children 5
3 or more children 0
Total children in census families in private households 975
Under six years of age 180
6 to 14 years 320
15 to 17 years 125
18 to 24 years 195
25 years and over 150
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 3855
Number of persons not in census families 600
Living with relatives 75
Living with non-relatives only 70
Living alone 460
Number of census family persons 3250
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 890
Number of persons not in census families aged 65 years and over 295
Living with relatives 40
Living with non-relatives only 15
Living alone 245
Number of census family persons aged 65 years and over 590
Total number of private households by household type 1690
Census-family households 1200
One-family-only households 1115
Couple-family households 975
Without children 575
With children 400
Lone-parent-family households 135
Other family households 85
One-family households with persons not in a census family 55
Couple-family households 40
Without children 25
With children 10
Lone-parent-family households 20
Two-or-more-family households 25
Non-census-family households 495
One-person households 460
Two-or-more-person households 30
Total number of occupied private dwellings by structural type of dwelling 1690
Single-detached house 1390
Apartment, building that has five or more storeys 0
Movable dwelling 155
Other dwelling 140
Semi-detached house 10
Row house 0
Apartment, duplex 45
Apartment, building that has fewer than five storeys 95
Other single-attached house 0
Total number of private households by household size 1690
1 person 460
2 persons 690
3 persons 250
4 persons 210
5 persons 60
6 or more persons 25
Number of persons in private households 3860
Average number of persons in private households 2.3

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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