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Rossburn, MB

Updated: Aug 2016
House
Median price $75,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 5.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Rossburn Home Price

When looking across the province, Rossburn is the 246th most expensive in Manitoba.

When our research team crunched the numbers we calculated that Rossburn has a median home price of $75,000.

There are 250 neighbourhoods that have more properties on sale than Rossburn at the moment in Manitoba which puts the neighbourhood top 40% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Rossburn is a good investment target.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Rossburn, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 17, this month we show 16.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rossburn will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
1 bedroom $60,000
2 bedrooms $67,450
3 bedrooms $180,750
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.