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Wellwood, MB

Updated: Feb 2016
House
Median price $113,700
Monthly growth
Quarterly trend
Stock on market 0.34%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Wellwood Home Price

Across the country as a whole, Wellwood is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

Wellwood, Manitoba has a median house price of $113,700 when compiling all the home listings in Feb .

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Wellwood has not many at all compared to the rest of the province

Can we guarantee how well Wellwood is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $113,700
Demographics
  • Population in 20111860
  • Population in 20061902
  • 2006 to 2011 population change (%)-2.2
  • Total private dwellings594
  • Private dwellings occupied by usual residents565
  • Population density per square kilometre1.6
  • Land area (square km)1199.92