46.4
Below average
Property score
46.4
Below average
Overall 46.4
Smaller than most nearby homes
746 sqft (bottom 15%)
Built in 1924 (9 yrs older than avg)
Located in a above-average income area
with median household income of ~73.5k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 14 dining spots, 2 schools, 3 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Near average
9 yrs older than neighborhood avg.
Mother tongue
English · 82%French · 3%
Past 10 years Lord Roberts sales snapshot (~80% of all data)
770
290k
$288/sqft
1933
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46.4 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110460
$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
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
518 Rathgar Avenue — 30 amenities found within 500 m, across 8 categories, including 14 dining (nearest 227 m), 2 education (nearest 280 m), 3 healthcare (nearest 210 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 48% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 518 Rathgar Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic 1924 character property in the established Lord Roberts neighbourhood. With 746 sqft of living space, it is a compact and efficient layout, ranking below average in size for the area but offering a manageable footprint. Its assessed value is notably strong for Rathgar Avenue itself, placing in the top 27% of the street, suggesting it is well-maintained or has desirable features relative to its immediate peers. The lot size of 3,418 sqft is typical for the neighbourhood, providing a decent outdoor space.
The primary appeal lies in its location and value proposition within a mature community. It suits first-time buyers or downsizers seeking an entry point into a central neighbourhood without a massive renovation project, or investors looking for a character rental. A thoughtful perspective is that its higher-than-street-average assessment, combined with its smaller size, could indicate updates or intrinsic qualities not captured by square footage, making it a potentially efficient use of capital in the area. Its last known sale was between $250k-$300k in 2021.
Section 2: Frequently Asked Questions
1. Is the house significantly smaller than others in Winnipeg?
Yes. At 746 sqft, the living area is below the Winnipeg city-wide average. This is typical for older, central neighbourhoods and translates to a more manageable, low-maintenance home.
2. What does the assessed value ranking tell me?
While the home is smaller, its assessed value is above average for its own street (top 27%). This often signals that the property is in good condition, has favourable characteristics, or that smaller homes on this street hold value well relative to larger ones.
3. What is the neighbourhood like?
Lord Roberts is a mature, central neighbourhood with homes primarily from the early 20th century. It offers a established community feel, tree-lined streets, and convenient access to downtown and amenities.
4. Are sold prices for this home publicly available?
Exact historical sale prices are not published online. An approximate range (e.g., $250k-$300k in 2021) can be found from public data, but you must request the exact figure from the listing provider.
5. Who might this property not suit?
It may not suit buyers needing multiple large bedrooms, extensive living space, or a modern, open-concept layout. The smaller size and 1924 vintage suggest a more traditional floor plan.
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