38 Rosewarne Avenue

Elm Park, Winnipeg

Property score

68.9

Good

Overall 68.9 · Older than most nearby homes

1,344 sqft (top 33%) · Built in 1930 (11 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 shop, and 1 park nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 5%

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

Sold Count

220

Median price

401.5k

$/sqft

$424/sqft

Avg build year

1941

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Property score

68.9 is composed by the two sections below.

Property Score

58.9Fair
Living Area1,344 sqft71Good
Year Built193022Low
Lot Size5,499 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

83.8Excellent
Household Income84Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Elm Park

How to read: Share of sales in each ~$50k price band for “elm park” (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: #46110615

Community deep dive

$98K

Median household income

$117K

Average household income

7%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)623
Labour force participation rate74%
Median age40.0
Avg household size2.3
Unemployment rate6%
Population density2396 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households30%
Couple families with children21%
Median household income (2020)$98K

Housing

Renter households24%
Condominium dwellings3%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority11%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

around average
1,344 sqft
0255075100
Same streetTop 37%Same areaTop 33%CitywideTop 39%
Same street · Rosewarne Avenue
#17 / 46
Top 37% · Avg 1,334 sqft
Same area · Elm Park
#197 / 605
Top 33% · Avg 1,247 sqft
Citywide · Winnipeg
#75,482 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
407k
0255075100
Same streetTop 22%Same areaTop 23%CitywideTop 37%
Same street · Rosewarne Avenue
#10 / 46
Top 22% · Avg 359.3k
Same area · Elm Park
#140 / 605
Top 23% · Avg 367.8k
Citywide · Winnipeg
#71,270 / 194,458
Top 37% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 46%Same areaBottom 28%CitywideBottom 18%

Lot Size

above average
5,499 sqft
0255075100
Same streetTop 22%Same areaTop 31%CitywideTop 43%

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

38 Rosewarne Avenue — 10 amenities found within 500 m, across 5 categories, including 4 dining (nearest 387 m), 2 education (nearest 300 m), 1 shopping (nearest 355 m).

Search radius
🍽️Dining4
🏫Education2
🛒Shopping1
🌳Parks1
Worship2

Crime & Safety

Elm Park · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 9/2020CA$350k–400k
Sold price

Same street

Top 31%

Same area

Top 33%

City-wide

Top 42%

Related homes

Highlights & common questions: 38 Rosewarne Avenue, Winnipeg

Property Overview

38 Rosewarne Avenue is a one-and-three-quarter storey home in Winnipeg's Elm Park neighbourhood, built in 1930. With 1,344 sqft of living space on a 5,499 sqft lot, it presents a classic, grounded opportunity. The home features a detached garage and an unrenovated basement.

Key Characteristics & Appeal

This property’s appeal lies in its established location and solid fundamentals rather than modern finishes. The living space is consistently "around average" compared to the street, neighbourhood, and city, indicating a comfortable, typical size for the area. More notably, the lot size ranks "above average" on its street, offering valuable outdoor space in a mature setting. The home’s assessed value also ranks above average locally, suggesting it is viewed favorably relative to its immediate peers.

It would suit a buyer who appreciates the character of a 1930s home and sees potential in a property with an unrenovated basement—a blank canvas for future projects. It’s a practical choice for someone seeking a home in a stable, older neighbourhood without the premium price of a fully updated property, and who values a larger-than-standard lot on the street for gardening, play, or expansion.

Frequently Asked Questions

1. What does "one-and-three-quarter storey" mean?
This is a common Winnipeg architectural style, typically featuring a full main floor and a second floor where the roofline slopes inward, creating some rooms with sloped ceilings or slightly less square footage than a full two-storey home.

2. How should I interpret the assessed value versus the last sale price?
The assessed value ($40.70k) is for municipal tax purposes. The last recorded sale price was $36.80k in September 2020. The market value for a sale today would be determined by current market conditions and is typically much higher than these historical figures.

3. What are the implications of an unrenovated basement?
It means the basement space is functional but likely dated. This presents both a cost-saving opportunity (you’re not paying a premium for a finished space) and a future project. It’s essential to have it inspected for moisture, foundation integrity, and the condition of mechanical systems.

4. How does the age of the home (1930) factor in?
While the home is below the neighbourhood average for year built, this is common for Elm Park. It means you can expect classic construction and charm, but also should budget for potential updates to older wiring, plumbing, or windows, and ensure a thorough inspection.

5. Is the lot size a significant advantage?
Yes, particularly on this street. Ranking in the top 22% for lot size among nearby homes means you have more private outdoor space than many of your immediate neighbours, which is a valuable and less common feature in established areas.

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