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ACost of living Grade
Property prices in Russell · Census 2021 and Statistics Canada

Little is being built in Russell: 3.2 new homes a year per 1,000, against 13.7 for Manitoba’s towns

Going by owners’ own estimates in 2021, the typical home is worth $200,000, the average one $212,000. These home values were given by owners themselves, in a census taken in May 2021. In 2023, 80 homes changed hands at a median price of $200,000, by Statistics Canada’s count.

Median home value
$200K
owners’ estimate, census 2021
average $212K
Median sale price
$200K
CHSP, 2023
80 buyers
Median assessed value
$129K
all residential, 2024
New homes a year
4
permits, 2018–2021
3.2 per 1,000 homes
What homes are worth

What Russell’s homes are worth, three ways

Each source sits beside its own median for Manitoba’s towns; none compares across provinces, which value homes in their own ways.

Census 2021$200K

median, owners’ estimate

Average
$212K
Owners
875
Manitoba’s towns
$300K
The typical Canadian town
$406K
Sales, 2023$200K

median sale price

Average sale
$191K
÷ buyers’ income
1.5×
Buyers
80
Manitoba’s towns
$248K
Assessed, 2024$129K

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).

By type of home

Houses in Russell carry assessments 35% under the middle of Manitoba’s towns

Of Russell’s 1,075 residential properties on the 2024 roll, 90% are detached houses.

Assessed value

Median assessment by type, 2024 the tick is the median of Manitoba’s towns

Detached houses$145K
Mobile homes$53K
Multi-unit properties$278K
The mix of properties
Detached houses90%
Mobile homes4%
Multi-unit properties4%
1,660 sq ft
living area of the median detached house (Manitoba’s towns: 1,670 sq ft)

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.

The homes

Core housing need: 15% of Russell’s households, where Manitoba’s towns sit at 7%

Of the 1,130 homes people lived in across Russell at the 2021 census, 83% were single-detached houses. At least half predate 1981.

When they were built

Homes by period of construction the tick is the median of Manitoba’s towns

Before 196125%
1961–198039%
1981–200021%
2001–201511%
2016–20214%
What kind of home

Homes by kind

Single-detached houses83%
Semi-detached housesunder 1%
Row houses5%
Apartments, under 5 storeys4%
Apartments, 5+ storeysunder 1%
Movable dwellings7%
Against the median town of the province and of Canada
RussellManitobaCanada
Condominiums4%5%8%
Needing major repairs4%6%6%
Too small for the household4%5%3%
Households in core housing need15%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.

New homes

The peak came in 2018, when Russell permitted 6 new homes

From 2018 to 2021, permits in Russell created 17 homes, about 4 a year. Most were houses: 64% went into single-unit buildings, against 67% for Manitoba’s towns.

Permits by year, 2018–2021
Single-unit buildingsTwo or more units
02462018201920202021
The pace

New homes a year per 1,000 homes

Russell3.2
Manitoba’s towns13.7
The typical Canadian town13.8
$997K
of new residential construction a year, 2019–2021

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.

Across Manitoba

Russell is 33% below the $300,000 median of Manitoba’s towns

188 of Manitoba’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Lower values near Russell: Riding Mountain West, Rossburn and Prairie View

The places around Russell at the 2021 census: median and average value, and how many own. Russell has few close neighbours with figures, so the list reaches 28–40 km out.

Riding Mountain WestLangenburgRossburnPrairie ViewRiding Mountain WestLangenburgRossburnPrairie ViewRussell
Prices next door
TownMedian home valueAverageOwnerskm
Russell$200K$212K81%
Riding Mountain West$180K$233K89%27.6
Langenburg$200K$232K75%29.8
Rossburn$100K$165K89%36.7
Prairie View$150K$182K80%39.5

Census 2021 values; km.

Questions about property prices in Russell

Is Russell expensive for Manitoba?

No: Russell’s census median is below the $300,000 of Manitoba’s towns.

What is the average house price in Russell?

Homes sold for an average $191,000 in 2023; the median buyer paid 1.5 times their household income.

Can I see individual sales or prices by street?

No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.

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).