Roseisle, 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 Roseisle, Manitoba currently presents a stable environment for both buyers and sellers. With a median house price of $500,000 and an increase of 3.5% year-over-year, the market is experiencing moderate growth. The median apartment price stands at $300,000 with a slower growth rate of 2.1% year-over-year. These figures suggest a balanced market where properties are appreciating at a steady pace without the volatility seen in other regions.
The population in Roseisle has grown by 7.1%, indicating a healthy demand for housing driven by demographic factors which could contribute to the continuous appreciation of property values in the short to medium term. It should be noted that this trend is also reflective of a broader regional growth pattern, potentially influencing housing demand and prices.
Investment Opportunities and Potential
The consistent growth in property values combined with demographic expansion points towards promising investment opportunities in Roseisle. The 3.5% year-over-year increase in house prices suggests that investing in residential properties could yield solid returns for investors targeting capital gains. Similarly, the apartment sector’s 2.1% appreciation rate indicates a stable rental market with potential for long-term investment.
Given the significant population growth, there is likely to be sustained demand for both rental and owner-occupied housing. Investors should consider the potential for new residential developments or the renovation of existing properties to cater to the growing community’s housing needs.
Future Market Outlook
Looking ahead, the Roseisle real estate market appears robust with prospects of continued growth due to its increasing population and steady economic fundamentals. Should current trends persist, investors and homeowners can expect further gradual appreciation in property values.
It is important for stakeholders to monitor external economic factors that could impact interest rates and affordability, as these will play a crucial role in shaping the future trajectory of the market. Nevertheless, given Roseisle’s strong population growth and reasonable price trends, the outlook remains optimistic for both residential and investment properties over the coming years.
