5901 Rannock Avenue

Betsworth, Winnipeg

Property score

72.8

Good

Overall 72.8 · Compared with neighbourhood average

1,157 sqft (bottom 32%) · Built in 1974 (4 yrs older than avg)

Located in a high-income area with median household income of ~115k

Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 91%Punjabi · 21%

Past 10 years Betsworth sales snapshot (~80% of all data)

Sold Count

460

Median price

480k

$/sqft

$347/sqft

Avg build year

1978

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Property score

72.8 is composed by the two sections below.

Property Score

63.1Fair
Living Area1,157 sqft60Fair
Year Built197458Fair
Lot Size7,584 sqft91Excellent
Neighbourhood Sales Activity37Low

Community Score

87.4Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Betsworth

How to read: Share of sales in each ~$50k price band for “betsworth” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111071

Community deep dive

$115K

Median household income

$138K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

8%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)325
Labour force participation rate53%
Median age46.8
Avg household size2.7
Unemployment rate0%
Population density1911 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households8%
Couple families with children29%
Median household income (2020)$115K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 90%
Mother tongue (2nd)

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,157 sqft
0255075100
Same streetTop 49%Same areaBottom 32%CitywideBottom 46%
Same street · Rannock Avenue
#62 / 127
Top 49% · Avg 1,223 sqft
Same area · Betsworth
#1,017 / 1,485
Bottom 32% · Avg 1,455 sqft
Citywide · Winnipeg
#105,352 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
438k
0255075100
Same streetTop 23%Same areaTop 46%CitywideTop 30%
Same street · Rannock Avenue
#29 / 127
Top 23% · Avg 409.5k
Same area · Betsworth
#677 / 1,485
Top 46% · Avg 458k
Citywide · Winnipeg
#59,291 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 24%Same areaBottom 37%CitywideTop 42%

Lot Size

above average
7,584 sqft
0255075100
Same streetBottom 40%Same areaTop 45%CitywideTop 13%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

5901 Rannock Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 386 m), 1 parks (nearest 296 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

Betsworth · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

Sold 10/2022CA$500k–550k
Sold price

Same street

Top 15%

Same area

Top 25%

City-wide

Top 15%
Sold 8/2021CA$350k–400k
Sold price

Same street

Bottom 38%

Same area

Bottom 28%

City-wide

Top 46%

Related homes

Highlights & common questions: 5901 Rannock Avenue, Winnipeg

Property Overview

This 1974 three-level split home on a large 7,584 sqft lot in Betsworth presents a solid, value-oriented opportunity. Its key appeal lies in its established neighborhood setting and a layout that offers good separation of living spaces. The home features 1,157 sqft of living space and a finished basement, adding functional area. A split garage provides practical storage.

The property's standout characteristic is its strong value positioning. With an assessed value of $438,000 and a 2022 sale at $505,000, it ranks well above average for Winnipeg in terms of value, placing in the top 28% and 17% respectively. The lot size is also a significant asset, ranking in the top 13% city-wide. This combination suggests a property that offers more space for the dollar compared to many alternatives. It would suit practical buyers looking for a move-in-ready home with room to grow outdoors, or investors attracted by its apparent value retention and steady performance in a mature community.

Frequently Asked Questions

1. What is the significance of the "rankings" provided?
The rankings compare this property against similar ones on the same street, in the Betsworth community, and across all of Winnipeg for metrics like lot size, age, and assessed value. They are a quick way to see how this home stacks up competitively in key areas.

2. The home was built in 1974. What should I consider?
While the home is well-maintained, being over 50 years old means a thorough inspection of major systems (roof, plumbing, electrical, foundation) is essential. The positive trade-off is the typically larger lot size and established trees not found in newer subdivisions.

3. How does the 2022 sale price compare to the current assessment?
The home sold for $505,000 in late 2022, which is approximately 15% higher than its current $438,000 assessment. This gap could reflect market cooling, but it's important to note the assessment is for tax purposes and not necessarily the current market value.

4. What are the pros and cons of a three-level split design?
Pros include defined separation between living, sleeping, and recreational areas, which can be great for families. The main cons are the frequent short flights of stairs, which can be less suitable for those with mobility concerns, and sometimes segmented living spaces.

5. The lot is large, but what about outdoor maintenance?
A lot of nearly 7,600 sqft offers great space for gardens, play, or expansion. Buyers should realistically budget time or money for lawn care, landscaping, and seasonal upkeep like snow removal on the sizable driveway.

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