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Sandy Lake, MB

Updated: Aug 2016
House
Median price $134,500
Monthly growth 16.24 %
Quarterly trend
Stock on market 0.61%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Sandy Lake Home Price

The median asking price in Sandy Lake is $134,500, quite a drop from the median three months ago which was $134,900 .

The $134,500 price tag on the median Sandy Lake home means that it is very cheap in comparison to the rest of the nation.

Sandy Lake’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.

This month we track 158th neighbourhoods in Manitoba, and Sandy Lake has the 158th most choice available for real estate investors.

When we look at the data we have, it can help with trying to establish whether or not Sandy Lake is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Sandy Lake there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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

Is Sandy Lake 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 Sandy Lake 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 Sandy Lake, MB
Beds Median price (House) Median price (Apartment)
2 bedrooms $96,500
Demographics
  • Population in 2011864
  • Population in 2006812
  • 2006 to 2011 population change (%)6.4
  • Total private dwellings655
  • Private dwellings occupied by usual residents411
  • Population density per square kilometre1.8
  • Land area (square km)476.73

Age Characteristics

Total population by age groups 865
0 to 4 years 15
5 to 9 years 35
10 to 14 years 35
15 to 19 years 40
15 years 5
16 years 10
17 years 10
18 years 10
19 years 5
20 to 24 years 30
25 to 29 years 30
30 to 34 years 20
35 to 39 years 30
40 to 44 years 40
45 to 49 years 65
50 to 54 years 85
55 to 59 years 75
60 to 64 years 95
65 to 69 years 90
70 to 74 years 55
75 to 79 years 50
80 to 84 years 40
85 years and over 50
Median age of the population 56.1
% of the population aged 15 and over 90.7

Marital Status

Total population 15 years and over by marital status 780
Married or living with a common-law partner 495
Married (and not separated) 460
Living common-law 35
Not married and not living with a common-law partner 285
Single (never legally married) 140
Separated 20
Divorced 40
Widowed 95

Family Characteristics

Total number of census families in private households 260
Size of census family: 2 persons 180
Size of census family: 3 persons 35
Size of census family: 4 persons 35
Size of census family: 5 or more persons 10
Total number of census families in private households 265
Total couple families by family structure and number of children 240
Married couples 225
Without children at home 155
With children at home 70
1 child 25
2 children 35
3 or more children 5
Common-law couples 15
Without children at home 10
With children at home 10
1 child 5
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 20
Female parent 15
1 child 10
2 children 5
3 or more children 0
Male parent 5
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 165
Under six years of age 25
6 to 14 years 60
15 to 17 years 25
18 to 24 years 35
25 years and over 25
Average number of children at home per census family 0.6

Household And Dwelling Characteristics

Total number of persons in private households 825
Number of persons not in census families 165
Living with relatives 15
Living with non-relatives only 10
Living alone 140
Number of census family persons 665
Average number of persons per census family 2.5
Total number of persons 65 years and over in private households 245
Number of persons not in census families aged 65 years and over 80
Living with relatives 0
Living with non-relatives only 0
Living alone 80
Number of census family persons aged 65 years and over 165
Total number of private households by household type 410
Census-family households 265
One-family-only households 260
Couple-family households 240
Without children 165
With children 75
Lone-parent-family households 20
Other family households 5
One-family households with persons not in a census family 5
Couple-family households 5
Without children 5
With children 0
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 150
One-person households 140
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 410
Single-detached house 375
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 20
Semi-detached house 15
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 10
Other single-attached house 0
Total number of private households by household size 410
1 person 140
2 persons 185
3 persons 40
4 persons 35
5 persons 10
6 or more persons 0
Number of persons in private households 830
Average number of persons in private households 2

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