Photo: Felspar13 · CC BY-SA 4.0Buyers in Reynolds pay 48% below the median sale of Manitoba’s towns
In May 2021 the median owned home was worth $250,000 by its owner’s reckoning, the average one $279,000. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. On the 2024 assessment, the middle residential property is valued at $115,000.
What Reynolds’s homes are worth, three ways
Three sources, each set against Manitoba’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $279K
- Owners
- 530
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $191K
- ÷ buyers’ income
- 1.7×
- Buyers
- 50
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Reynolds’s detached houses are assessed 25% below the median of Manitoba’s towns
Detached houses account for 79% of the 840 properties on Reynolds’s 2024 roll.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
Core housing need: 14% of Reynolds’s households, where Manitoba’s towns sit at 7%
Reynolds had 580 occupied homes at the 2021 census, 91% of them single-detached houses. Half or more were standing by 2000.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Reynolds | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 5% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 4% | 5% | 3% |
| Households in core housing need | 14% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Reynolds permitted 22.4 new homes a year per 1,000, above the 13.7 of Manitoba’s towns
Reynolds issued permits for 76 new homes from 2018 to 2023, or about 13 a year. Single-unit buildings took 97% of them, where Manitoba’s towns built 67%.
The busiest year: 2022, with 18 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Reynolds is cheaper than most of Manitoba’s towns: 17% under their $300,000 median
The census values of Manitoba’s towns, 188 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Reynolds: Whitemouth
Next to Reynolds: 2021 census values and the share of owners. Distances here run 32–49 km: that is how far the nearest places with figures are from Reynolds.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Reynolds | $250K | $279K | 95% | |
| Whitemouth | $220K | $234K | 88% | 31.7 |
| Ste. Anne | $300K | $305K | 91% | 37.9 |
| Ste. Anne | $300K | $295K | 51% | 42.1 |
| La Broquerie | $332K | $341K | 79% | 42.2 |
| Steinbach | $300K | $310K | 62% | 48.6 |
Census 2021 values; km.
Questions about property prices in Reynolds
What is the average house price in Reynolds?
Buyers paid $191,000 on average in 2023, or 1.7 years of their income at the median.
Is Reynolds expensive for Manitoba?
No: Reynolds’s census median is below the $300,000 of Manitoba’s towns.
Can I see individual sales or prices by street?
Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).