Rosedale, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The current real estate market in Rosedale, Manitoba, is demonstrating a pattern of stable growth. With the median house price currently standing at $500,000, there has been a notable year-over-year increase of 3.5%. This indicates a healthy demand for single-family homes in the area, which can largely be attributed to the region’s strong local economy and appealing living conditions.
Apartments in Rosedale are also experiencing an upward trend with the median price at $300,000 and a growth rate of 2.1% year-over-year. This slower pace compared to houses suggests that the market for apartments is less dynamic but still progressing steadily, possibly reflecting a mix of both owner-occupiers and rental investors within this segment.
Rosedale’s population has reached 15,000 residents with a significant growth rate of 7.1%, signaling an influx of new residents and potential homebuyers. Such demographic trends often lead to increased demand for housing and can be a precursor to continued appreciation in property values.
2. Investment Opportunities and Potential
The sustained increase in property values coupled with ongoing population growth points to robust investment opportunities in Rosedale’s real estate market. Investors looking for long-term capital gains might find the single-family home market particularly attractive given its stronger growth trend.
With apartment prices also on the rise but at a slower rate, there may be potential for investors to enter this market segment at a lower initial investment point. The steady growth suggests that it could be well-suited for those adopting a buy-and-hold strategy, banking on long-term appreciation while potentially earning rental income.
Given Rosedale’s growing population, there is likely to be continued demand for rental properties, which could benefit investors seeking consistent cash flow. To maximize investment returns, stakeholders should focus on neighborhoods with the highest demand or consider properties that offer value-add opportunities through renovation or development.
3. Future Market Outlook
The future of Rosedale’s real estate market looks promising based on current trends and demographic data. The solid year-over-year price increases for both houses and apartments suggest that there is enduring confidence among buyers and investors alike.
The remarkable population growth further supports a favorable outlook as it typically drives housing demand upwards. Should this trend persist, one can reasonably anticipate continued property value appreciation and robust investment returns over the coming years.
However, it is essential for stakeholders to monitor external economic factors that may impact interest rates, employment levels, and overall affordability – all of which could influence future market dynamics in Rosedale.
In conclusion, Rosedale presents itself as an attractive locale for both residential purchasers and real estate investors. By staying informed on market developments and being strategic in their acquisitions, stakeholders can potentially capitalize on the opportunities presented by this thriving Manitoban community.
