Ads Google

Woodridge, MB

Updated: Aug 2016
House
Median price $181,900
Monthly growth 2.82 %
Quarterly trend
Stock on market 0.72%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Woodridge Home Price

The $181,900 price tag on the median Woodridge home means that it is below the national norm.

If you’re looking at investment properties in Woodridge, then you’re most likely to find homes with 2 bedrooms on sale this month.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Woodridge has a pretty average amount compared to the rest of the province

As one of Manitoba’s many potential real estate investment neighbourhoods, Woodridge 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.

If you are looking at investment properties in Woodridge, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

When we look at the data we have, it can help with trying to establish whether or not Woodridge 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 Woodridge there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $207,400
3 bedrooms $169,900
Demographics
  • Population in 20111720
  • Population in 20061755
  • 2006 to 2011 population change (%)-2
  • Total private dwellings1112
  • Private dwellings occupied by usual residents741
  • Population density per square kilometre0.7
  • Land area (square km)2433.77