Property prices for rent in Selkirk (Manitoba)
The rent prices in real estate in Selkirk, 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 Selkirk has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.9. In the following month the price per sq.feet fell to $2.62. The price for the following two months in (December, January) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has had a considerable fall of 69 % 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 $2.42 to $1.68 during February, and March.
When referring to the price in Selkirk (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,639. In November This price remains at $1,667. In the following two months the average price has hardly changed with regard to the previous two months from $1,653 to $1,697.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,675.25 and $1,717 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,712 they are 36 % more affordable than the average price for Selkirk . The properties with the highest average price have 3 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,615.
With regard to the average prices per sq.feet those properties with 1 bedroom are 40 % more affordable than the average price of ($1 / sq.feet) in Selkirk. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 40 % more affordable than the average value aforementioned.
According to average price per property type in Selkirk, "" priced at $1,094 is 36 % lower than the average price ($1,712) in this city.
