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Baie Verte, NewfoundlandPhoto: https://www.flickr.com/photos/9674922@N04/ Lucia · CC0
A+Cost of living Grade
Property prices in Baie Verte · Census 2021 and Statistics Canada

For every 1,000 homes, Baie Verte permitted only 1.4 new ones a year; Newfoundland and Labrador’s towns permitted 6.1

In May 2021 the median owned home was worth $140,000 by its owner’s reckoning, the average one $157,000. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. Sale prices aren’t published in Newfoundland and Labrador: what owners told the census is the figure to go on for Baie Verte.

Median home value
$140K
owners’ estimate, census 2021
average $157K
Median assessed value
$103K
all residential, 2024
New homes a year
1
permits, 2018–2023
1.4 per 1,000 homes
Owner households
435
census 2021
78% of households
What homes are worth

What Baie Verte’s homes are worth, two ways

Every figure here is compared within the province, against Newfoundland and Labrador’s towns, since each province assesses on its own terms.

Census 2021$140K

median, owners’ estimate

Average
$157K
Owners
435
Newfoundland and Labrador’s towns
$215K
The typical Canadian town
$406K
Assessed, 2024$103K

all residential

Properties
610
Newfoundland and Labrador’s towns
$173K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

The homes

Baie Verte’s homes: when they went up and what they are

555 occupied homes stood in Baie Verte in 2021, and single-detached houses made up 84% of them. At least half predate 1981.

When they were built

Homes by period of construction the tick is the median of Newfoundland and Labrador’s towns

Before 19619%
1961–198065%
1981–200012%
2001–201512%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses84%
Semi-detached housesunder 1%
Row houses8%
Flats in a duplexunder 1%
Apartments, under 5 storeys8%
Against the median town of the province and of Canada
Baie VerteNewfoundland and LabradorCanada
Condominiumsunder 1%2%8%
Needing major repairs4%5%6%
Too small for the household4%1%3%
Households in core housing need7%6%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 Baie Verte permitted 2 new homes

From 2018 to 2023, permits in Baie Verte created 5 homes, about 1 a year. Single-unit buildings took 100% of them, where Newfoundland and Labrador’s towns built 83%.

Permits by year, 2018–2023
Single-unit buildingsTwo or more units
01220182019202020212023

A year with no report is left out.

The pace

New homes a year per 1,000 homes

Baie Verte1.4
Newfoundland and Labrador’s towns6.1
The typical Canadian town13.8
$154K
of new residential construction a year, 2019–2023

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 Newfoundland and Labrador

Baie Verte is cheaper than most of Newfoundland and Labrador’s towns: 35% under their $215,000 median

The census values of Newfoundland and Labrador’s towns, 32 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Baie Verte: Division No. 8, Subdivision H

The places around Baie Verte at the 2021 census: median and average value, and how many own. Distances here run 51–114 km: that is how far the nearest places with figures are from Baie Verte.

SpringdaleTwillingateBotwoodLewisporteDivision No. 8, Subdivision HSpringdaleTwillingateBotwoodLewisporteDivision No. 8, Subdivision HBaie Verte
Prices next door
TownMedian home valueAverageOwnerskm
Baie Verte$140K$157K78%
Springdale$180K$198K69%51
Twillingate$150K$162K85%108
Botwood$155K$165K71%108
Lewisporte$180K$199K69%112.9
Division No. 8, Subdivision H$100K$111K91%114.4

Census 2021 values; km.

Questions about property prices in Baie Verte

Is Baie Verte expensive for Newfoundland and Labrador?

On census values, Baie Verte sits among the cheaper of Newfoundland and Labrador’s towns (median $215,000).

How many households in Baie Verte are in core housing need?

7% of Baie Verte’s households, near the 6% of Newfoundland and Labrador’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.

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).