Photo: Yergoneby · CC BY-SA 4.0A home in Bonavista is worth 35% less than the middle of Newfoundland and Labrador’s towns
At the 2021 census the median home was worth $140,000, where Newfoundland and Labrador’s towns sit at $215,000. Sale prices aren’t published in Newfoundland and Labrador: what owners told the census is the figure to go on for Bonavista. Assessors valued the median residential property at $63,400 for 2024.
What Bonavista’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. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $151K
- Owners
- 1,170
- Newfoundland and Labrador’s towns
- $215K
- The typical Canadian town
- $406K
all residential
- Properties
- 2,255
- 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).
An older stock than most: 38% of Bonavista’s homes go back before 1961 (Newfoundland and Labrador’s towns: 17%)
The 2021 census counted 1,470 occupied homes in Bonavista; 90% of them are single-detached houses.
Homes by period of construction the tick is the median of Newfoundland and Labrador’s towns
Homes by kind
| Bonavista | Newfoundland and Labrador | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 2% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 2% | 1% | 3% |
| Households in core housing need | 7% | 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.
Bonavista permitted 9.3 new homes a year per 1,000, above the 6.1 of Newfoundland and Labrador’s towns
Over 2018–2023, 73 homes were permitted in Bonavista, close to 12 each year. 88% were single-unit buildings, beside 83% for Newfoundland and Labrador’s towns.
Most in 2022: 30 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.
Bonavista 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.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Bonavista: Trinity Bay North and New-Wes-Valley
Next to Bonavista: 2021 census values and the share of owners. The nearest places to Bonavista with figures are 15–70 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Bonavista | $140K | $151K | 80% | |
| Trinity Bay North | $100K | $120K | 80% | 14.9 |
| Division No. 7, Subdivision E | $160K | $172K | 88% | 63.6 |
| New-Wes-Valley | $110K | $138K | 85% | 65 |
| Centreville-Wareham-Trinity | $140K | $148K | 87% | 69.4 |
| Glovertown | $180K | $197K | 85% | 70.4 |
Census 2021 values; km.
Questions about property prices in Bonavista
Is Bonavista expensive for Newfoundland and Labrador?
Below the norm for Newfoundland and Labrador’s towns, whose median home is worth $215,000; Bonavista’s is worth less.
How many households in Bonavista are in core housing need?
In line with Newfoundland and Labrador’s towns (6%): 7% in Bonavista, counting the households whose home falls short on cost, size or repair.
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).