Canada’s national median home listing price this month is $244,900, which means that Steinbach is in the bottom 40% for Canada.
With Steinbach’s median house price at $169,900 in Aug , it is below average compared to the rest of Manitoba.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Steinbach has a huge choice compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Steinbach for investors, it’s important to look at data like:
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 Steinbach, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 27, this month we show 21.