The rent prices in real estate in Brandon, in the Manitoba region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Brandon has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.87. In the following month the price per sq.feet fell considerably to $0.7. The price for the following two months in (December, January) had a considerable fall of 41 with regard to the previous two months. The price per sq.feet has had a considerable fall of 35 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $0.55 to $0.19 during February, and March.
When referring to the price in Brandon (cities), this has fallen considerably in the last 6 months. The average price for October is $572. During November the price had a slight fall till $492. During the following two months (December, January) the average price had a considerable fall of 41 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $376.25 to $143, which means a 38 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $100 they are 0 % more affordable than the average price for Brandon . The properties with the highest average price have 4 bedrooms, Their price is 1196 % more expensive than the average. After that we have properties with 2 bedrooms priced at $215.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.09 / sq.feet, with an average $0.14 / sq.feet price in Brandon. The properties with the most expensive average prices have 4 bedrooms. They are 680614 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.26 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $100 it is 1154 % more expensive than the average price in Brandon. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "". At a price of $1,254 it is 1196 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $953 / sq.feet. "House" at an average price of $953 / sq.feet has the highest price and would be directed at more affluent cities.