4 Rosewarne Avenue

Elm Park, Winnipeg

Property score

65.2

Good

Overall 65.2 · Compared with neighbourhood average

1,144 sqft (bottom 46%) · Built in 1947 (6 yrs newer than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Near average

6 yrs newer 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

65.2 is composed by the two sections below.

Property Score

52.8Fair
Living Area1,144 sqft60Fair
Year Built194730Low
Lot Size4,718 sqft60Fair
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
1,144 sqft
0255075100
Same streetBottom 37%Same areaBottom 46%CitywideBottom 44%
Same street · Rosewarne Avenue
#29 / 46
Bottom 37% · Avg 1,334 sqft
Same area · Elm Park
#325 / 605
Bottom 46% · Avg 1,247 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
323k
0255075100
Same streetBottom 33%Same areaBottom 34%CitywideBottom 36%
Same street · Rosewarne Avenue
#31 / 46
Bottom 33% · Avg 359.3k
Same area · Elm Park
#397 / 605
Bottom 34% · Avg 367.8k
Citywide · Winnipeg
#123,498 / 194,458
Bottom 36% · Avg 390.1k

Year Built

Elite
1947
0255075100
Same streetTop 4%Same areaTop 33%CitywideBottom 24%

Lot Size

around average
4,718 sqft
0255075100
Same streetBottom 1%Same areaBottom 5%CitywideBottom 38%

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

4 Rosewarne Avenue — 14 amenities found within 500 m, across 6 categories, including 5 dining (nearest 367 m), 1 education (nearest 152 m), 2 healthcare (nearest 308 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare2
🛒Shopping1
🏦Finance1
Worship4

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 9/2023CA$300k–350k
Sold price

Same street

Bottom 23%

Same area

Bottom 49%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 4 Rosewarne Avenue, Winnipeg

Property Overview: 4 Rosewarne Avenue, Elm Park, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Elm Park presents a practical opportunity in a well-established neighbourhood. With 1,144 sqft of living space and a renovated basement, it offers functional, updated living areas. A key, less obvious feature is its relatively recent construction for the area; built in 1947, it is notably newer than many immediate neighbours, which can suggest more modern construction materials and layouts for its era.

Its appeal lies in its position as a solid, average contender within its local context. The home’s assessed value and living area consistently rank in the middle tiers compared to similar homes on its street, in Elm Park, and citywide. This indicates a property that is priced and sized in line with market norms, reducing the risk of overpaying for premium features or dealing with the challenges of a significantly undersized home. The detached garage adds practical utility.

The property would suit first-time buyers or downsizers seeking a manageable, turn-key home in a mature neighbourhood without the premium price tag of a larger lot or a completely modern build. It’s also a sensible fit for value-oriented investors or homeowners who prioritize a renovated interior and functional space over a large yard, as the land area is smaller than most in the immediate vicinity.

Section 2: Frequently Asked Questions

1. How does the home’s age affect its value and condition?
While built in 1947, it is actually one of the newer homes on Rosewarne Avenue. This can be an advantage, but prospective buyers should still have a thorough inspection to assess the condition of core systems (roof, wiring, plumbing) common to homes of this vintage, balanced against the benefits of the renovated basement.

2. Is the smaller lot size a significant drawback?
The land area is below average for both the street and Elm Park. This means lower maintenance, which is a plus for some, but offers less private outdoor space. It’s a trade-off that helps keep the property accessible and manageable.

3. What does the "around average" ranking for value and size really mean?
It signifies this home is not an outlier. You are not paying a premium for top-tier size or finishes, nor are you getting a bargain for a fixer-upper. It represents a market-standard offering, which provides stability and predictability in valuation.

4. The home sold in 2023; what does that recent sale indicate?
The sale price of $330k in late 2023 provides a very current, real-world benchmark for its market value, which is useful for understanding recent buyer appetite and for financing comparisons.

5. Who might this property not suit?
It may not suit buyers seeking extensive yard space, a brand-new build, or a home that significantly outperforms neighbourhood averages in size or assessed value. It’s a home for those seeking practicality and location within a mature community over standout lot size or premium positioning.

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