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 experiencing a steady growth. The median house price in the region stands at $500,000, with a year-over-year increase of 3.5%. This indicates a healthy demand for housing in the area. Similarly, the median apartment price has reached $300,000, following a moderate upward trend of 2.1% year-over-year.
This growth can be partly attributed to Rosenort’s population surge, which has grown by 7.1%, bringing the total population to approximately 15,000. This demographic expansion suggests a rise in housing demand, which could be driving the current market trends.
Investment Opportunities and Potential
The positive trends in Rosenort’s real estate market present several investment opportunities. The consistent increase in property values across both houses and apartments indicates a stable investment environment. Investors looking at long-term capital gains might find the single-family homes especially attractive given their higher annual appreciation rate.
The significant population growth also opens up opportunities for rental investments as new residents may be looking for temporary or rental accommodations before purchasing homes. With both property types appreciating steadily, investors have the potential to benefit from both rental income and capital appreciation over time.
Future Market Outlook
The outlook for Rosenort’s real estate market remains optimistic. Given the current trends and population growth patterns, it is reasonable to expect that housing demand will continue to rise. Assuming no major economic disruptions occur, both house and apartment prices are likely to maintain their upward trajectory.
However, investors should remain vigilant about external economic factors that could impact interest rates and affordability. Local development plans and infrastructure improvements could further influence property values positively if they enhance liveability and accessibility within Rosenort.
In conclusion, while past performance is not always indicative of future results, the data suggests that Rosenort’s real estate market holds promising potential for both homebuyers and investors alike.
