Rosenort, 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 Rosenort, Manitoba, is currently characterized by a steady growth pattern. With a median house price of $500,000, the market has experienced a year-over-year increase of 3.5%. This indicates a healthy demand for single-family homes that continues to drive prices upward at a moderate pace.
In contrast, the apartment sector shows a slightly different trend. The median apartment price stands at $300,000, with a slower year-over-year growth rate of 2.1%. Though the growth is less pronounced compared to houses, the consistent uptick suggests resilience and a stable rental or entry-level buyer market.
With a population of 15,000 and an impressive growth rate of 7.1%, Rosenort’s demographic trend underpins the ongoing demand for housing. The population increase is likely due to both natural growth and migration, as individuals and families are attracted to the area’s amenities and lifestyle.
Investment Opportunities and Potential
The current trends in Rosenort’s real estate market offer promising opportunities for investors. The steady increase in property values suggests that investments in residential properties could yield considerable returns over time. Single-family homes, with their higher growth rate, present an especially attractive option for long-term investments.
Apartments also represent potential investment opportunities. Given the population growth and the consequent need for affordable housing options, investing in multi-unit residential buildings could be lucrative. Investors may capitalize on both the appreciation of property value over time and the income generated through rentals.
Future Market Outlook
The outlook for Rosenort’s real estate market remains positive. Considering the sustained population growth and corresponding demand for housing, it is reasonable to expect that property prices will continue to rise steadily. This is particularly true for single-family homes which have shown stronger price appreciation trends recently.
Favorable economic conditions and potential infrastructural development could further enhance property values and attract more residents to Rosenort. Investors should closely monitor local developments as these could signal enhanced investment opportunities or shifts in market dynamics.
In conclusion, both immediate and long-term indicators suggest that Rosenort’s real estate market holds significant potential for sustained growth and profitability.
