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Holy Redeemer Anglican Church, Spaniard's Bay, NewfoundlandPhoto: Tango7174 · CC BY-SA 4.0
B−Cost of living Grade
Property prices in Spaniard's Bay · Census 2021 and Statistics Canada

Owners put the median home in Spaniard's Bay at $200,000

Behind it are the answers of 960 owners at the 2021 census. Self-assessed in May 2021, these values predate the rate rises that followed. No open sale prices are published in Newfoundland and Labrador, so for Spaniard's Bay the census value is the measure.

Median home value
$200K
owners’ estimate, census 2021
average $212K
Median assessed value
$113K
all residential, 2024
New homes a year
8
permits, 2018–2023
7.6 per 1,000 homes
Owner households
960
census 2021
87% of households
What homes are worth

Two ways to price a home in Spaniard's Bay

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

Census 2021$200K

median, owners’ estimate

Average
$212K
Owners
960
Newfoundland and Labrador’s towns
$215K
The typical Canadian town
$406K
Assessed, 2024$113K

all residential

Properties
1,620
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

Single-detached houses are 92% of Spaniard's Bay’s homes, against 80% for Newfoundland and Labrador’s towns

Spaniard's Bay had 1,110 occupied homes at the 2021 census. At least half predate 2001.

When they were built

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

Before 196116%
1961–198028%
1981–200032%
2001–201517%
2016–20218%
What kind of home

Homes by kind

Single-detached houses92%
Semi-detached houses1%
Row houses1%
Flats in a duplex3%
Apartments, under 5 storeys3%
Against the median town of the province and of Canada
Spaniard's BayNewfoundland and LabradorCanada
Condominiumsunder 1%2%8%
Needing major repairs8%5%6%
Too small for the household1%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

Permits in Spaniard's Bay ran at 7.6 homes a year per 1,000, near the 6.1 of Newfoundland and Labrador’s towns

Building permits added 47 homes in Spaniard's Bay between 2018 and 2023: some 8 a year. Houses dominate the permits, at 81% in single-unit buildings (Newfoundland and Labrador’s towns: 83%).

Permits by year, 2018–2023

A peak in 2022: 15 new homes

Single-unit buildingsTwo or more units
051015201820192020202120222023
The pace

New homes a year per 1,000 homes

Spaniard's Bay7.6
Newfoundland and Labrador’s towns6.1
The typical Canadian town13.8
$1.44M
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

Spaniard's Bay sits close to the $215,000 median of Newfoundland and Labrador’s towns

32 of Newfoundland and Labrador’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Lower values near Spaniard's Bay: Harbour Grace

The places around Spaniard's Bay at the 2021 census: median and average value, and how many own.

Bay RobertsUpper Island CoveHarbour GraceClarke's BeachCarbonearVictoriaBay RobertsUpper Island CoveHarbour GraceClarke's BeachCarbonearVictoriaSpaniard's Bay
Prices next door
TownMedian home valueAverageOwnerskm
Spaniard's Bay$200K$212K87%
Bay Roberts$250K$250K81%3.6
Upper Island Cove$200K$201K91%6.3
Harbour Grace$170K$187K84%8.5
Clarke's Beach$250K$271K77%11.3
Carbonear$200K$216K73%13.6
Victoria$200K$216K82%17.1

Census 2021 values; km.

Questions about property prices in Spaniard's Bay

How many households in Spaniard's Bay are in core housing need?

Statistics Canada puts 7% of Spaniard's Bay’s households in core housing need, much as for Newfoundland and Labrador’s towns (6%).

Is Spaniard's Bay expensive for Newfoundland and Labrador?

Spaniard's Bay is close to the norm for Newfoundland and Labrador’s towns, whose median home is worth $215,000.

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).