×

HSD Schools on Twitter

Sharing student learning experiences through social media.  View school tweets...

The Multiple Listing Service says 2016 was a good year for real estate agents in Steinbach. Sales of single-family homes were up eight percent over 2015. There were 460 sales, up from 426 a year earlier. The average price was up about three percent to around $270,000. MLS spokesperson Peter Squire adds sales of condominiums in Steinbach were up 74 percent last year.

"You had 47 (condo sales) in 2016 compared to 27 in 2015. Prices were about the same, about $195,00 in 2015 and dropped slightly to $192,000. That echoes the real competitiveness of that market in general but, certainly, sales were strong in 2016 and I think that trend will just continue with condos."

Squire adds he is optimistic about the market again this year.

"I'm actually doing a forecast event on January 18th and I'm still working on that, but I think we remain optimistic, based on the fundamentals that still exist within our market. Manitoba's economy is known for its diversity and how steady it is. And, I think Steinbach is a really good example of that by how well it's done as its own economic engine within that southeast area of Manitoba. We remain optimistic. One of the challenges will be the higher stress test (for mortgage approvals) that was brought in near the end of 2016 that the government now requires. That will be a challenge for first-time buyers in some cases so they may have to adjust their sight lines in terms of what they thought they could afford. But at least in our market, and that certainly includes Steinbach, we're not priced out of the market like some other cities and regions."

Squire notes the average price of a home in the entire MLS area, which includes Winnipeg, is just over $300,000. He adds that means homes in Steinbach, which average $270,000, are still a very attractive buy. Furthermore, he says the overall Manitoba market is one of the most affordable in the country.

×

HSD Schools on Twitter

Sharing student learning experiences through social media.  View school tweets...

More Local News

2017 02 michael zwaagstra

Zwaagstra Says No Party Politics In Play At City

Steinbach city councillor Michael Zwaagstra says there is no intent on his part to establish party politics at city hall. Zwaagstra, along with Susan Penner and Earl Funk, this week voted against the…

La Broquerie Declines Offer For Postal Bank Outlet

The reeve of La Broquerie says it's not necessary for Canada Post to open a postal banking building in the village. A letter was received by council from the Canadian Postmasters and Assistants…

Traffic Safety Improvements In St.Adolphe

The Mayor of Ritchot says 'patience' is the word of the day, as motorists drive through St.Adolphe. Jackie Hunt is referring to a number of traffic safety measures that are being implemented in that…

Hanover Names Road Projects For 2017

Council for the Rural Municipality of Hanover has identified two roads this year to see improvements under its Municipal Road Reconstruction Capital Program. Reeve Stan Toews says if the funding is…

Steinbach City Councillor Clarifies Reason For Tax Increase

Steinbach city councillor Cari Penner says there is confusion among some taxpayers about the reason for a tax increase in the city's 2017 budget. The 5% property tax hike will raise an Cari…
brian pallister portrait (1)

Pallister Calls For National Refugee Approach

The provincial government is calling on the federal government to help with the influx of asylum seekers crossing into Manitoba, from the United States. Premier Brian Pallister says it is a national…

Niverville Joins Capital Region In Fire Services Reporting System

The Town of Niverville will be joining the Partnership of the Manitoba Capital Region in setting up a regional fire services reporting system. Niverville Mayor Myron Dyck says town council approved a…

Falk Pressing For More RCMP At Emerson To Deal With Crossings By Asylum-Seekers

A Manitoba MP is confident RCMP will provide the security Emerson residents need in light of the increasing number of illegal migrants crossing the border near the community. Dozens of people were…
2016 02 aquatic centre

Steinbach Considering Whether To Open Aquatic Centre On Stat Holidays

The City of Steinbach is looking into the feasibility of opening the aquatic centre on all statutory holidays. It is currently closed on stat holidays during the winter. City councillor Susan Penner…

GORP Goes To Hollywood

GORP Clean Energy Bar is headed to the Oscars. Owner/Founder Colleen Dyck of Niverville says she is off to Los Angeles this weekend where her product will be presented in the Celebrity Luxury Gifting…

Steinbach City Council Approves 5% Tax Increase

Steinbach city council approved its 2017 Financial Plan Tuesday night. The $28.5 million budget includes a five percent tax increase. Mayor Chris Goertzen says all of the money from that increase…

Detached Garage Fire Deemed Accidental

$150,000 was the estimated total of damages to a detached garage, next to a home eight miles south of Steinbach on Road 29N. Hanover Fire Chief Paul Wiebe says an investigator from the Office of the…

Flooding Issues In La Broquerie After Warm Weekend

Warmer temperatures and melting snow have been causing flooding issues in the Rural Municipality of La Broquerie. Excess water has flowed over the road on East End Drive and wandered into resident's…

Snowmobile Trails Now Closed

Less than 24 hours after taking a wait and see approach, South East Sno-Riders has announced it has closed its entire trail system. On Tuesday morning, President Dave Boutang told Steinbachonline.com…

Emerson Little Jay's Cafe Opened Its Doors Wednesday To Asylum Seekers

Little Jay's Cafe In Emerson opened it's doors to the public for the first time just over a week ago, and today was welcomed with a big surprise. "I heard rustling, movement, and noise coming from…

Freeze/Thaw Cycles Creating Challenges For Public Works

The Steinbach Public Works Department is doing what it can to get rid of water during this second winter thaw in the past month. Department head Randy Reimer says they are opening a few drains where…
2017 02 la broquerie collision

Alcohol Suspected In Head-on Collision Near La Broquerie

RCMP say alcohol is believed to have been a factor in a head-on collision Saturday night near La Broquerie. It occurred at 8:30 p.m. on Highway #302, just north of the community. Police say it…

House Saved From Detached Garage Fire

The Grunthal Fire Department was called to a structure fire at a home on Road 29N, south of Steinbach shortly before 2 pm Tuesday. To combat the fire and protect the house, more water tankers were…

Early Thaw Woes In Hanover

The Works and Operations Manager for the Rural Municipality of Hanover says crews have been hard at work in the community of Mitchell dealing with flooded streets. Wes Fehr says the warm weather has…
rcmp6

Hanover Resident Charged With Impaired Driving

rcmp6A drunk driver was caught in Steinbach early Saturday morning. RCMP report, just after 7:00 a.m., a male from the RM of Hanover was found to be in the care and control of a vehicle while having…

Steinbachonline.com is Steinbach's only source for community news and information such as weather and classifieds.

Search the Biz Guide

Southeast Storm Basketball Club Registration

21 February 2017 12:00 am - 04 March 2017 11:45 pm

TBA





I Love 2 Read Month!: Children's Author Reading

24 February 2017 1:00 pm

Jake Epp Library, Steinbach





Cribbage Tournament

24 February 2017 6:45 pm

New Bothwell Rec. Centre, New Bothwell





Family Movie Night at the Library

24 February 2017 7:00 pm - 8:45 pm

Jake Epp Library, Steinbach





Login