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 shows a consistent upward trend. Similarly, the median apartment price stands at $300,000, rising at a slightly lower rate of 2.1% year-over-year. This growth is supported by the town’s increasing population, which has seen a substantial rise of 7.1%. This demographic expansion suggests sustained demand for housing, contributing to the positive trajectory of property values in Rosenfeld.
Investment Opportunities and Potential
Investors considering Rosenfeld will find potential in both the single-family home and apartment sectors. The steady growth in house prices indicates that purchasing residential property could yield appreciable capital gains over time. The lower rate of increase in apartment prices presents an opportunity for investors looking for more affordable entry points into the market and may cater to a different segment of the population or rental market.
The robust population growth positions Rosenfeld as a potentially lucrative market for rental properties. Investors might capitalize on the increased demand for housing by acquiring properties to rent out, which could lead to attractive rental yields and long-term asset appreciation.
Future Market Outlook
The future real estate market outlook for Rosenfeld appears promising. The consistent upward trends in housing prices coupled with significant population growth are strong indicators of ongoing demand and investment potential. Assuming these trends continue, Rosenfeld’s real estate market should remain resilient and offer stable opportunities for both homeowners and investors.
However, as with any investment, it is crucial to monitor economic factors that could affect the real estate landscape such as interest rate changes, employment rates within the region, and broader provincial or national economic shifts. Keeping abreast of these variables will be key to making informed decisions regarding property investments in Rosenfeld.
