Property prices for sale in Brandon (Manitoba)
The prices in real estate in Brandon, in the Manitoba region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Brandon has increased during the last 6 months. In October, the average price per sq.feet was $269. In the following month the price per sq.feet increased considerably to $362. In the following two months the price per sq.feet has barely changed, going from $315.5 to $305.5 per sq.feet. The price per sq.feet has had a considerable deflation of 83 % 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 $310.5 to $256.5 during February, and March.
Based upon to the price in Brandon (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $281,137. In November This price remains at $287,485. In the following two months the average price has remained the same with regard to the previous two months from $284,311 to $278,412.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $310,528 they are 63 % more affordable than the average price for Brandon. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 2 bedrooms priced at $161,652.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $172 / sq.feet, with an average $257 / sq.feet price in Brandon. The properties with the highest average prices have 2 bedrooms. They are 40574 % more expensive than the average followed by properties with 4 bedrooms with a price at $269 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $310,528 it is 50 % cheaper than the average price in Brandon. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $293,753 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $237 / sq.feet followed by "Condo" priced at $658 / sq.feet. "Commercial" is the most costly type of property with a $100,412 / sq.feet cost followed by "Condo" with an average price of $658 / sq.feet.
