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Virden, MB

Updated: Aug 2016
House
Median price $202,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 4.70%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Virden Home Price

When looking across the province, Virden is the 134th most expensive in Manitoba.

In Aug the median listed house price of $202,000 in Virden was a below average compared to the rest of Manitoba.

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

Manitoba has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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 Virden, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 64, this month we show 68.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Virden will hopefully provide an indicator to help you where to research in-depth

Beds Median price (House) Median price (Apartment)
1 bedroom $119,500
2 bedrooms $159,900
3 bedrooms $210,000
4 bedrooms $273,900
5 bedrooms $386,500
Demographics
  • Population in 20113114
  • Population in 20063010
  • 2006 to 2011 population change (%)3.5
  • Total private dwellings1446
  • Private dwellings occupied by usual residents1375
  • Population density per square kilometre363.6
  • Land area (square km)8.56