Rosewood, Manitoba Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.8% |
| Stock on market | 0.7% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.0% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $580,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $330,000 |
| 3 bedrooms | $420,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Rosewood, Manitoba currently presents a stable environment for both homeowners and investors. The median house price in the area is pegged at $485,000, showing a moderate year-over-year increase of 2.8%. This indicates a steady growth trend, which is slightly above the national average, implying a healthy demand for single-family homes.
On the other hand, apartments are showing a somewhat slower growth trend with the median price standing at $295,000 and an annual appreciation rate of 2%. This difference in growth rates between houses and apartments might reflect a stronger desire for more spacious living accommodations or could be indicative of a limited supply of houses that are pushing prices upwards at a faster pace.
The population in Rosewood has reached approximately 15,500 residents, growing at a rate of 3.3%. This rapid population growth suggests an increasing demand for housing and can be attributed to various factors such as job opportunities, quality of life, or effective urban planning that attracts new residents to the area.
Investment Opportunities and Potential
The real estate market in Rosewood offers sound investment opportunities. Given the steady increase in property values, investors could expect continued capital appreciation over time. The difference in growth rates between houses and apartments may signal an opportunity to invest in single-family homes, which seem to be appreciating at a faster pace.
Demand for rental properties is likely to rise due to the robust population growth. Investors focusing on income-generating assets might consider purchasing apartment units that cater to individuals and small families who prefer affordable housing options or are not yet ready to enter the homeownership market.
In addition to residential properties, the expanding population could also translate into increased demand for commercial real properties such as retail spaces and offices. Smart investments in these areas could benefit from long-term leases and stable rental income streams.
Future Market Outlook
The future outlook for Rosewood’s real estate market remains optimistic. Population trends suggest that demand will continue to grow, likely leading to sustained or even increased property value appreciation. As long as economic conditions remain favorable and the local job market stays robust, Rosewood should maintain its appeal as an attractive location for both residents and investors.
However, potential investors should keep an eye on any changes in local economic policies, shifts in population dynamics, or modifications to mortgage interest rates as these factors can significantly influence market conditions. Continuous monitoring of both macroeconomic indicators and local developments is essential for making informed investment decisions.
