65.9
Good
Property score
65.9
Good
Overall 65.9
Compared with neighbourhood average
1,192 sqft (top 48%)
Built in 1946 (5 yrs newer than avg)
Located in a high-income area
with median household income of ~98k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 4 dining spots, 2 schools, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
5 yrs newer than neighborhood avg.
Mother tongue
English · 80%French · 5%
Past 10 years Elm Park sales snapshot (~80% of all data)
220
401.5k
$424/sqft
1941
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65.9 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110615
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
48 Rosewarne Avenue — 11 amenities found within 500 m, across 5 categories, including 4 dining (nearest 416 m), 2 education (nearest 369 m), 1 shopping (nearest 371 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 48 Rosewarne Avenue.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 10% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
48 Rosewarne Avenue is a one-and-a-half storey home in Winnipeg's Elm Park neighbourhood. Built in 1946, it features 1,192 sqft of living space, a renovated basement, a detached garage, and sits on a 5,499 sqft lot.
This home presents a practical opportunity in a well-established area. Its key appeal lies in its balance of a generous, above-average lot size for the immediate street and a recently renovated basement, adding modern utility to a classic structure. The assessed value is notably below average for Elm Park, which could indicate a more accessible entry point into the neighbourhood or potential for value growth.
It would suit a first-time buyer or a downsizer looking for a manageable footprint without sacrificing outdoor space. The detached garage and larger lot also appeal to those who value privacy, garden potential, or simple storage needs not always found in newer subdivisions. A thoughtful perspective is that a home with a below-average assessment on a street of higher-valued properties can sometimes signal a chance to add value through updates, making it interesting for buyers with a medium-term vision.
1. How does the home’s size compare to others?
At 1,192 sqft, the living area is close to the city-wide average but is slightly smaller than the typical home on Rosewarne Avenue and within Elm Park.
2. What does the below-average assessed value mean?
The assessment is lower than 80% of comparable homes in Elm Park. This doesn't dictate market price, but it can suggest a potentially lower property tax burden or a value proposition relative to the neighbourhood.
3. Is the lot size a significant feature?
Yes. The land area ranks in the top 22% on its own street, meaning the lot is larger than most of its immediate neighbours, offering more outdoor space than you might expect from the home’s modest square footage.
4. How old is the home, and what should I consider?
Built in 1946, it is newer than many on its street but is still an 80-year-old structure. Prospective buyers should budget for routine maintenance expected of a vintage home and consider the condition of major aging components like the roof and foundation.
5. Are there recent sales history or comparable listings?
The home was last sold in November 2020. The provided comparable properties, such as 35 Springside Drive, are useful for gauging size and assessment value in Elm Park but viewing current market listings is essential for understanding today’s price.
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