Here are the homes you can get in Manitoba at the average home price in Canada

The housing market has boomed over the past couple of years in Canada and this trend appears to be continuing.

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

In Manitoba, the average price is about $372,000, up from April 2021 when the average price was about $328,000, according to the Manitoba Real Estate Association.

But, what can the average price of a Canadian home in Manitoba buy you?

Here are some examples of what is currently on the market for this price.

85 McKay Rd., St. Clements, Manitoba – $759,900

This home is located near the Perimeter Highway and has four bedrooms and four bathrooms. The house was originally built in 1990 and spans over 2,460 square feet.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

1803 390 ASSINIBOINE AVENUE, WINNIPEG – $764,411

Located in the heart of downtown Winnipeg, this apartment has three bedrooms and two bathrooms. The building is still brand new as 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 – $748000

This home was built in 2011 and is located in the forested town of Bridgewater. Featuring five bedrooms and four bathrooms, the 2,236-square-foot home also includes a wet bar.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

24 BERRY HILL ROAD WINNIPEG – $768000

This two-story home in Prairie Pointe has four bedrooms and four bathrooms. It has an attached garage with a ‘low maintenance yard’. It is also fairly new as it was built in 2019 and spans over 1,787 square feet.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

562 Prairie Acres Bay, Grand Pointe, Manitoba – $769.900

This home is on 2 acres and the home itself is over 1,650 square feet. It was built in 2012 and consists of five bedrooms and two bathrooms. The house has a partially finished basement and a large relaxation room.

(Source: realtor.ca)

(Source: realtor.ca)

(Source: realtor.ca)

What does the Manitoba housing market look like

Homes in the county are continuing to sell quickly and the median home price has gone up, said Julie Friesen, president of MREA.

“We have seen a monthly drop in numbers and that can lead to a shift in interest rates and a little bit of buyer fatigue with low inventory. Put simply, there are more buyers than homes,” Friesen said.

Despite the drop, she said, the median home price was up 13 percent, which she linked to a lack of supply.

We encourage people to broaden their horizons. Don’t rule out anything. If apartments or some rural communities were not an option before, we encourage people to consider all options.”

Looking at the forecast for May, Friesen expects some calm in the market as supply remains unavailable compared to the number of ready buyers.

“While the stock has not been able to recover, we are hopeful that more real estate will be put on the market. Again, that could boil down to better weather as well. We’ve noticed that with the flooding, these were some parts of the county a limiting factor. So I think that’ll It just gets better.”

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