503 Rathgar Avenue

Lord Roberts, Winnipeg

Property score

50.6

Fair

Overall 50.6 · Older than most nearby homes

936 sqft (bottom 36%) · 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

Below average

13% smaller 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

50.6 is composed by the two sections below.

Property Score

33.9Low
Living Area936 sqft42Low
Year Built190910Low
Lot Size2,206 sqft18Low
Neighbourhood Sales Activity80Good

Community Score

75.7Good
Household Income74Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health90Excellent

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

around average
936 sqft
0255075100
Same streetBottom 48%Same areaBottom 36%CitywideBottom 20%
Same street · Rathgar Avenue
#84 / 161
Bottom 48% · Avg 1,011 sqft
Same area · Lord Roberts
#1,164 / 1,828
Bottom 36% · Avg 1,071 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
290k
0255075100
Same streetTop 30%Same areaTop 37%CitywideBottom 27%
Same street · Rathgar Avenue
#48 / 161
Top 30% · Avg 271.6k
Same area · Lord Roberts
#680 / 1,828
Top 37% · Avg 286.7k
Citywide · Winnipeg
#142,805 / 194,458
Bottom 27% · 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

503 Rathgar Avenue — 30 amenities found within 500 m, across 8 categories, including 14 dining (nearest 170 m), 1 education (nearest 211 m), 3 healthcare (nearest 140 m).

Search radius
🍽️Dining14
🏫Education1
🏥Healthcare3
🛒Shopping2
🌳Parks2
💪Sports2
Fuel Stations1
Worship5

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

Sold 4/2020CA$200k–250k
Sold price

Same street

Bottom 43%

Same area

Bottom 42%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 503 Rathgar Avenue, Winnipeg

Property Overview: 503 Rathgar Avenue

Section 1: Key Characteristics & Appeal

This home at 503 Rathgar Avenue is a classic, early-1900s residence in Winnipeg's Lord Roberts neighbourhood. Its key appeal lies in its established location and a value proposition centered on land and location rather than square footage. With 936 sqft of living space, the house itself is compact, ranking below the citywide average for size. However, its assessed value of $290k is notably above average for its own street, suggesting the value is anchored in the desirable lot and neighbourhood rather than the building's current footprint.

The property would suit a specific buyer: someone seeking an entry point into a mature, central neighbourhood who is comfortable with a home that may require updates (given its 1909 build date) and has a vision for its potential. It's a practical choice for a first-time buyer, an investor, or a downsizer who values community and location over expansive interior space. A thoughtful perspective is that this home represents the "bones" of a neighbourhood—it offers the chance to own a character property on a decent-sized lot (2,206 sqft) in a well-regarded area, where future value may be driven more by the land and the owner's improvements than by the original structure.

Section 2: Frequently Asked Questions

1. Is the house small compared to others?
Yes. At 936 sqft, the living area is below the Winnipeg average. However, it is more typical for homes on Rathgar Avenue itself, ranking near the middle of the pack for its immediate street.

2. Why is the assessed value relatively high for a smaller, older home?
The assessment reflects more than just the house. It accounts for the desirable Lord Roberts location, the lot size, and the overall market value of properties in the area. The data shows this home's assessment is in the top 30% on its own street, indicating the lot and location are significant value drivers.

3. What should I know about the age of the home?
Built in 1909, the home is older than most in the city. This typically means potential for character but also a greater likelihood of needing updates to major systems like plumbing, electrical, or insulation. It's wise to budget for maintenance and modernizations.

4. How does the lot size compare?
The 2,206 sqft lot is fairly average for Rathgar Avenue but below average for both the broader Lord Roberts area and the city. It provides decent outdoor space for a central neighbourhood but is not an exceptionally large parcel.

5. What were recent nearby sales prices?
Based on public data, a very similar home at 485 Walker Avenue sold for between $200k and $250k in 2020. For a more precise and current comparison, you can request the exact sold price history for this address directly via the provided service.

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