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
Current Market Conditions and Trends
The real estate market in Rosedale, Manitoba, is currently experiencing stable growth with median house prices sitting at $500,000, showing a year-over-year increase of 3.5%. This steady rise suggests a healthy demand for housing in the area. Similarly, the median apartment price has seen a positive trend, with a more modest growth rate of 2.1% year-over-year, indicating that apartments are now priced around $300,000.
Rosedale’s population has grown to 15,000 residents, reflecting a substantial growth rate of 7.1%. This demographic expansion may be contributing to the increased demand for housing and can be seen as an encouraging indicator for the local real estate market.
Investment Opportunities and Potential
The consistent appreciation in property values coupled with steady population growth presents significant investment opportunities in Rosedale. The current trends suggest that investing in single-family homes could yield attractive returns due to their higher growth rate. Apartments also offer potential as rental properties or more affordable entry points into the real estate market.
In light of Rosedale’s growth, there may also be opportunities for property developers and investors to explore new residential projects or renovations of existing properties to cater to the expanding population.
Future Market Outlook
The future market outlook for Rosedale remains optimistic given the robust population growth and consistent upward trajectory of property values. If current trends persist, investors and homeowners can anticipate continued appreciation in property prices. The key drivers for this positive outlook are likely tied to both local economic factors and broader provincial or national trends that influence buyer confidence and investment activity.
However, as with any real estate market forecast, it is important to consider external economic conditions that may impact these projections. Investors should remain vigilant and continue to monitor market indicators closely for signs of fluctuations that could affect their investment decisions.
