Here are the homes you can get in Manitoba with the average house price in Canada Pi News

News Details

The housing market in Canada has been growing for the past two years.

According to the Canadian Real Estate Association (CREA), the latest data shows that the average house price in April was $ 746,146.

In Manitoba, the average price is about $ 372,000, up from $ 208,000 in April 2021, according to the Manitoba Real Estate Association (MREA).

But what can the average Canadian home buy in Manitoba?

Here are some examples of what is currently on the market at that price.

85 MCKAY ROAD, ST. Clements, Manitoba – $ 759,900

The house is near the perimeter highway and has four bedrooms and four bathrooms. The house was originally built in 1990 and covers an area of ​​2,460 square feet.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

1803 390 Asinipoin Avenue, Winnipeg – $ 764,411

In the heart of downtown Winnipeg, the apartment has three bedrooms and two bathrooms. The building is still brand new since it was built in 2019 and the living space is over 1,400 square feet.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

84 Coach Hill Road Winnipeg – $ 748,000

The house was built in 2011 and is located in the Bridgewater Forest. It has five bedrooms and four bathrooms and a 2,236 sq ft home with wet bar.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

24 Perry Hill Road Winnipeg – $ 768,000

This two storey house in Prairie Point has four bedrooms and four bathrooms. It includes an attached garage and a “low maintenance yard”. It was built in 2019 and is very new with an area of ​​1,787 square feet.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

562 Prairie Acre Bay, Grande Point, Manitoba – $ 769,900

The house is spread over two acres and the house is over 1,650 square feet. It was built in 2012 and has five bedrooms and two bathrooms. The house has a partially finished basement and a large wreck room.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

How is the housing market in Manitoba

Julie Friesen, head of MREA, said homes in the province continue to sell fast and the average price of a home has risen.

“We have seen the numbers decrease month by month, and this will lead to a change in interest rates due to lower inventory and buyer fatigue. There are more buyers than homes,” Freesen said.

Despite the low, the average housing price has risen by 13 per cent, which is linked to a supply shortfall, he said.

“We encourage people to expand their boundaries. Do not rule anything. If condo or some rural communities have not been an option before, we encourage people to look at all options.

Looking at the May forecasts, Freezen expects the market to cool slightly as supplies continue to be unavailable compared to the number of ready buyers.

“Although the inventory could not be recovered, we hope that many more assets may come to market. Again, it may be less likely to improve the weather. We have observed that there were some limiting factors due to flooding in some parts of the province. So I hope it will be better.