497 Rathgar Avenue

Lord Roberts, Winnipeg

Property score

59.3

Fair

Overall 59.3 · Larger but older than most nearby homes

1,232 sqft (top 23%) · Built in 1909 (24 yrs older than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 14 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Below average

24 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 3%

Past 10 years Lord Roberts sales snapshot (~80% of all data)

Sold Count

770

Median price

290k

$/sqft

$288/sqft

Avg build year

1933

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Property score

59.3 is composed by the two sections below.

Property Score

48.3Low
Living Area66
1,232 sqftGood
Year Built10
1909Low
Lot Size18
2,206 sqftLow
Neighbourhood Sales Activity80
Good

Community Score

75.7Good
Household Income74
Good
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health90
Excellent

Neighbourhood Sales

Lord Roberts

How to read: Share of sales in each ~$50k price band for “lord roberts” (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: #46110460

Community deep dive

$74K

Median household income

$86K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

34%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)372
Labour force participation rate79%
Median age31.6
Avg household size2.1
Unemployment rate7%
Population density4650 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households34%
Couple families with children20%
Median household income (2020)$74K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority23%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,232 sqft
0255075100
Same streetTop 17%Same areaTop 23%CitywideTop 47%
Same street · Rathgar Avenue
#27 / 161
Top 17% · Avg 1,011 sqft
Same area · Lord Roberts
#414 / 1,828
Top 23% · Avg 1,071 sqft
Citywide · Winnipeg
#91,561 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
262k
0255075100
Same streetTop 43%Same areaBottom 49%CitywideBottom 20%
Same street · Rathgar Avenue
#69 / 161
Top 43% · Avg 271.6k
Same area · Lord Roberts
#936 / 1,828
Bottom 49% · Avg 286.7k
Citywide · Winnipeg
#155,622 / 194,458
Bottom 20% · Avg 390.1k

Year Built

below average
1909
0255075100
Same streetBottom 16%Same areaBottom 12%CitywideBottom 5%

Lot Size

around average
2,206 sqft
0255075100
Same streetBottom 30%Same areaBottom 14%CitywideBottom 1%

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

497 Rathgar Avenue — 31 amenities found within 500 m, across 8 categories, including 14 dining (nearest 155 m), 1 education (nearest 204 m), 3 healthcare (nearest 128 m).

Search radius
🍽️Dining14
🏫Education1
🏥Healthcare3
🛒Shopping2
🌳Parks2
💪Sports2
Fuel Stations1
Worship6

Crime & Safety

Lord Roberts · WPS public data · 2026

Annual incidents

42

2026

vs. city avg

+42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

74%

Sales History

497 Rathgar 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: 497 Rathgar Avenue, Winnipeg

Property Overview: 497 Rathgar Avenue, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Rathgar Avenue is a character property with a practical layout, built in 1909. Its key appeal lies in its efficient use of space within a well-established neighbourhood. At 1,232 square feet, the living area is notably above average for both the immediate street and the Lord Roberts area, suggesting a comfortable interior size that stands out among its local peers.

The property’s assessed value is positioned as average for the street and neighbourhood, but below the citywide average. This indicates a value proposition rooted in its specific location rather than city-wide trends. The lot size, while modest by suburban standards, is typical for the central, mature area of Lord Roberts.

This home would best suit a buyer who appreciates the charm and established streetscapes of a historic neighbourhood like Lord Roberts, and who values interior space over a large yard. It’s a practical choice for someone looking for a character home without the extreme maintenance that can sometimes come with much older properties, though some updates are likely. The data suggests it offers more house for the money within its immediate locale compared to newer builds nearby.

Section 2: Frequently Asked Questions

1. How does the age of the home (1909) affect its value and condition?
While its 1909 construction places it well below the average year built for the city, it is among the older homes on its street and in Lord Roberts. This can mean character and established landscaping, but buyers should budget for potential updates to older mechanical systems, windows, or insulation that are common for homes of this era.

2. The assessed value seems low. What does this mean for property taxes?
The assessed value is for municipal taxation purposes and is not the market value. A lower assessment relative to the city average can be an advantage, potentially leading to proportionally lower property taxes than newer or larger homes elsewhere in Winnipeg, while still providing the benefits of a central location.

3. How does the living area compare to nearby homes?
The 1,232 sqft living area is a key strength. It ranks in the top 17% on Rathgar Avenue and the top 23% in Lord Roberts, meaning it offers more interior space than most comparable homes in the immediate area, which average about 1,011 sqft and 1,071 sqft respectively.

4. Are there any recent sales records for this specific address?
No public sales history is displayed for this listing. The exact sold price history can be requested manually via email from the listing service to ensure accuracy and privacy.

5. What are the comparable properties in the area?
The listing references nearby homes on Rathgar and Beresford Avenues for comparison. Notably, newer builds on Beresford (2019) have significantly higher assessed values but smaller living areas, highlighting the trade-off between modern construction and interior space. Older, similarly-sized homes on the same street provide a more direct benchmark for value.