5941 Rannock Avenue

Betsworth, Winnipeg

Property score

72.5

Good

Overall 72.5 · Compared with neighbourhood average

1,160 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 · 1-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

72.5 is composed by the two sections below.

Property Score

62.6Fair
Living Area1,160 sqft60Fair
Year Built197458Fair
Lot Size7,473 sqft88Excellent
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
1,160 sqft
0255075100
Same streetTop 46%Same areaBottom 32%CitywideBottom 46%
Same street · Rannock Avenue
#59 / 127
Top 46% · Avg 1,223 sqft
Same area · Betsworth
#1,010 / 1,485
Bottom 32% · Avg 1,455 sqft
Citywide · Winnipeg
#104,675 / 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
7,473 sqft
0255075100
Same streetBottom 38%Same areaTop 47%CitywideTop 14%

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

5941 Rannock Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 404 m), 1 parks (nearest 285 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

5941 Rannock Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 5941 Rannock Avenue, Winnipeg

Property Overview: 5941 Rannock Avenue, Winnipeg

Key Characteristics & Appeal

This 1974-built bi-level home sits on a large, approximately 7,500 sqft lot in the Betsworth neighbourhood. Its key features include a fully finished basement and a split garage. With 1,160 sqft of living space, the property offers practical, single-level living combined with the added versatility of developed lower-level space.

The appeal lies in its established community setting and strong value fundamentals. The home ranks notably well for its assessed value, surpassing 72% of all Winnipeg properties, suggesting it is a competitively priced asset within the market. Its lot size is a significant advantage, ranking in the top 14% city-wide, offering ample outdoor space uncommon in many newer subdivisions. While the structure itself is over 50 years old, its condition appears well-maintained relative to many peers, ranking newer than 76% of homes on its own street.

This property would suit first-time buyers or downsizers seeking a manageable layout without sacrificing yard space. It’s also a practical choice for value-oriented buyers who prioritize land size and municipal assessment equity over brand-new finishes. The finished basement adds immediate functional space for a family, a home office, or a recreation room.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Betsworth, and across all of Winnipeg for specific metrics. For example, ranking in the "top 14%" for lot size in Winnipeg means 86% of city properties have a smaller lot, highlighting a key strength.

2. Is a 52-year-old home a concern?
While older, the rankings indicate it is in relatively newer condition compared to many on its street (top 24%). A thorough inspection is crucial, but the data suggests it has been maintained competitively for its age.

3. Who might the "split garage" suit?
A split garage (typically a two-car garage divided by a wall) is ideal for a household with a workshop, needing storage separation, or with drivers who appreciate not having to coordinate parking closely side-by-side.

4. How usable is a bi-level layout?
Bi-levels offer good separation of living and sleeping areas, with a short flight of stairs to each. The finished basement effectively adds a second living zone, making the home feel larger than its square footage may imply.

5. What is the significance of the high assessment value ranking?
Ranking in the top 28% of Winnipeg for assessed value suggests the property is viewed by the assessor as a substantial asset relative to the market. This can indicate good underlying value and stability, though the final market price is determined between buyer and seller.

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