Real Estate Market Report for
Rossburn, MB

Updated : Aug 2016
House
  • Median price $75,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 5.30%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Rossburn Home Price

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When looking across the province, Rossburn is the 246th most expensive in Manitoba.

When our research team crunched the numbers we calculated that Rossburn has a median home price of $75,000.

There are 250 neighbourhoods that have more properties on sale than Rossburn at the moment in Manitoba which puts the neighbourhood top 40% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Rossburn is a good investment target.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Rossburn, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 17, this month we show 16.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rossburn will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
1 bedroom $60,000
2 bedrooms $67,450
3 bedrooms $180,750
Demographics
  • Population in 2011552
  • Population in 2006546
  • 2006 to 2011 population change (%)1.1
  • Total private dwellings302
  • Private dwellings occupied by usual residents267
  • Population density per square kilometre161.1
  • Land area (square km)3.43
  • Age Characteristics
    Total population by age groups 550
    0 to 4 years 35
    5 to 9 years 25
    10 to 14 years 25
    15 to 19 years 25
    15 years 10
    16 years 10
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 15
    25 to 29 years 20
    30 to 34 years 15
    35 to 39 years 20
    40 to 44 years 30
    45 to 49 years 35
    50 to 54 years 45
    55 to 59 years 35
    60 to 64 years 30
    65 to 69 years 35
    70 to 74 years 40
    75 to 79 years 35
    80 to 84 years 35
    85 years and over 50
    Median age of the population 52.6
    % of the population aged 15 and over 85.7
  • Marital Status
    Total population 15 years and over by marital status 470
    Married or living with a common-law partner 260
    Married (and not separated) 235
    Living common-law 25
    Not married and not living with a common-law partner 205
    Single (never legally married) 80
    Separated 15
    Divorced 20
    Widowed 90
    Family Characteristics
    Total number of census families in private households 145
    Size of census family: 2 persons 95
    Size of census family: 3 persons 20
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 10
    Total number of census families in private households 150
    Total couple families by family structure and number of children 125
    Married couples 115
    Without children at home 70
    With children at home 40
    1 child 15
    2 children 15
    3 or more children 10
    Common-law couples 10
    Without children at home 10
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 25
    Female parent 20
    1 child 15
    2 children 5
    3 or more children 5
    Male parent 5
    1 child 0
    2 children 5
    3 or more children 0
    Total children in census families in private households 120
    Under six years of age 40
    6 to 14 years 45
    15 to 17 years 15
    18 to 24 years 15
    25 years and over 5
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 525
    Number of persons not in census families 135
    Living with relatives 5
    Living with non-relatives only 15
    Living alone 115
    Number of census family persons 390
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 165
    Number of persons not in census families aged 65 years and over 85
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 70
    Number of census family persons aged 65 years and over 85
    Total number of private households by household type 265
    Census-family households 145
    One-family-only households 140
    Couple-family households 125
    Without children 80
    With children 45
    Lone-parent-family households 20
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 125
    One-person households 115
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 265
    Single-detached house 230
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 35
    Semi-detached house 5
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 5
    Total number of private households by household size 270
    1 person 115
    2 persons 100
    3 persons 20
    4 persons 25
    5 persons 5
    6 or more persons 5
    Number of persons in private households 525
    Average number of persons in private households 2
Census 2011

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