WINNIPEG – It’s getting even more expensive to buy a house in Winnipeg.
A two-storey home has gone up in price by nearly four per cent in the last year to $314,589, according to a new survey by Royal LePage.
Royal LePage spokesperson Michael Froese says that’s partly because so many two-storeys are being built in expensive newer developments.
“You know you look into Bridgwater, Sage Creek areas like that, predominantly they are building two-stories over bungalows because a two-storey can be built on a smaller lot because of the basic footprint,” he said.
Bungalow prices are also rising, but by a smaller margin – 0.8 per cent to $267,044.
Condo prices are going down – dropping about four per cent in the last month to $206,854.