5981 Rannock Avenue

Betsworth, Winnipeg

Property score

72.5

Good

Overall 72.5 · Smaller than most nearby homes

1,108 sqft (bottom 26%) · 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

24% 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 Area1,108 sqft60Fair
Year Built197458Fair
Lot Size7,365 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
1,108 sqft
0255075100
Same streetBottom 43%Same areaBottom 26%CitywideBottom 40%
Same street · Rannock Avenue
#73 / 127
Bottom 43% · Avg 1,223 sqft
Same area · Betsworth
#1,100 / 1,485
Bottom 26% · Avg 1,455 sqft
Citywide · Winnipeg
#115,894 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 25%Same areaBottom 16%CitywideBottom 49%
Same street · Rannock Avenue
#95 / 127
Bottom 25% · Avg 409.5k
Same area · Betsworth
#1,248 / 1,485
Bottom 16% · Avg 458k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

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

Lot Size

above average
7,365 sqft
0255075100
Same streetBottom 31%Same areaTop 49%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

5981 Rannock Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 425 m), 1 parks (nearest 281 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

5981 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: 5981 Rannock Avenue, Winnipeg

Property Overview

This 1974-built, one-storey home on a large 7,365 sqft lot in Betsworth presents a solid, value-oriented opportunity. Its key appeal lies in its generous, private yard—a notable feature in the city—and its fully finished basement, which expands the functional living space beyond the 1,108 sqft main floor. The home's rankings reveal a compelling profile: it stands out in Winnipeg for its above-average lot size (top 14%) and is newer than most homes in its immediate street (top 24%), yet it carries an assessment value that is modest for the broader market (top 47%). This combination suggests a property with underlying equity potential. It would suit first-time buyers seeking room to grow, value-conscious investors, or downsizers looking for a manageable single-level layout without sacrificing outdoor space. The appeal is practical rather than luxurious, ideal for someone who sees potential in a well-located, foundational home.

Frequently Asked Questions

1. What is the true sense of the neighbourhood like?
While data shows the home surpasses about half of its community peers in lot size and age, it ranks lower for assessed value within the area. This can indicate a neighbourhood with a mix of well-kept and more modest properties, offering an entry point into a mature community.

2. How does the finished basement add value?
The finished basement immediately provides additional living, recreational, or flexible space without the need for a major renovation. This is a key advantage, effectively increasing the usable square footage from the day you move in.

3. Is the 52-year-old age of the home a concern?
The home is actually newer than 76% of houses on its street, meaning it's in a mature area where many homes are older. A pre-purchase inspection is always wise, but its relative age in the context of the street is a positive point.

4. What does the "split" garage style mean?
A split garage, typically a double-wide structure with two separate overhead doors, offers more flexibility than a single large door. It can allow for separate storage areas or easier access when multiple vehicles are parked.

5. Why is the lot size a significant feature?
At 7,365 sqft, the lot is substantially larger than the Winnipeg average. This provides rare privacy, space for gardening, play, or future additions like a deck or shed—a feature that is increasingly difficult to find in this price range and one that permanently contributes to the property's value.

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