Rosenfeld, 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 Rosenfeld, Manitoba is currently experiencing steady growth. With a median house price of $500,000 and an annual increase of 3.5%, the market demonstrates consistent appreciation. Similarly, apartments in the area have a median price of $300,000 and are following a positive trend with a 2.1% rise year-over-year.
This growth can be attributed to several factors including a robust local economy and an attractive living environment leading to population growth. Indeed, Rosenfeld’s population has expanded by 7.1%, indicative of strong demand for housing in the region.
Investment Opportunities and Potential
The investment landscape in Rosenfeld presents significant opportunities for both residential and rental markets. Given the solid price growth trends and increasing demand signaled by the population increase, investors may find favorable conditions for long-term capital gains.
For those looking at rental investments, the expanding population suggests a growing rental market that could offer sustainable yields over time. Moreover, as apartment prices are rising at a slower rate compared to houses, this segment may present more accessible entry points for investment along with potential for appreciation.
Future Market Outlook
Looking forward, the Rosenfeld real estate market appears poised for continued growth. The combination of steady price increases, healthy population growth, and general economic stability creates an environment conducive to sustaining the upward trajectory observed in recent years.
Barring any unforeseen economic disruptions, we anticipate that both the housing and apartment markets will maintain their growth patterns. However, investors should remain attentive to national economic indicators as well as local developments that could impact property values and rental demand.
