Rosewood, 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 | $450,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $430,000 |
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 Rosewood, Manitoba is currently showing steady growth. The median house price stands at $500,000, with a year-over-year increase of 3.5%. This indicates a healthy demand for single-family homes and a robust property market that is slightly outpacing inflation. The apartment sector also shows positive growth with the median price of apartments at $300,000 and an appreciation trend of 2.1% year-over-year.
With a population of 15,000 that has grown by 7.1%, Rosewood is experiencing demographic expansion that may continue to stimulate the real estate market. This influx could be attributed to factors like employment opportunities, quality of life improvements or regional investments attracting new residents.
Investment Opportunities and Potential
For investors considering Rosewood for real estate investment, the stable growth in housing prices suggests a sound opportunity for capital appreciation. Single-family homes present a particularly attractive investment given the higher percentage increase in median price compared to apartments.
The ongoing population growth signifies potential for rental demand, especially for apartments which are more affordable on average and may appeal to new residents not yet ready to purchase property. Investors could benefit from both long-term asset appreciation and short-term rental income by strategically investing in this segment of the market.
Future Market Outlook
The future market outlook for Rosewood remains optimistic based on current trends and statistics. Should the population continue to grow at its current rate or higher, demand for housing is likely to increase correspondingly. This bodes well for both home values and rental rates, presenting continuous opportunities for investors.
The consistent upward trend in house and apartment prices points towards a stable investment environment. Nevertheless, investors should monitor local economic developments and any changes in regional policies that might impact the real estate market dynamics. Vigilance will be key in maximizing returns while mitigating risks associated with market fluctuations.
