550 Rathgar Avenue

Lord Roberts, Winnipeg

Property score

54.0

Fair

Overall 54.0 · Compared with neighbourhood average

900 sqft (bottom 31%) · Built in 1914 (19 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 2 schools, 3 healthcare facilitys, and 1 shop nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Near average

19 yrs older than neighborhood avg.

Mother tongue

English · 89%Tagalog · 2%

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

54.0 is composed by the two sections below.

Property Score

36.6Low
Living Area42
900 sqftLow
Year Built16
1914Low
Lot Size28
2,869 sqftLow
Neighbourhood Sales Activity80
Good

Community Score

80.0Excellent
Household Income78
Good
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health83
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: #46110462

Community deep dive

$83K

Median household income

$91K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

31%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)413
Labour force participation rate72%
Median age36.4
Avg household size2.2
Unemployment rate4%
Population density5162 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households31%
Couple families with children26%
Median household income (2020)$83K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$270K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority18%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Tagalog · 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
900 sqft
0255075100
Same streetBottom 31%Same areaBottom 31%CitywideBottom 17%
Same street · Rathgar Avenue
#111 / 161
Bottom 31% · Avg 1,011 sqft
Same area · Lord Roberts
#1,253 / 1,828
Bottom 31% · Avg 1,071 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
299k
0255075100
Same streetTop 24%Same areaTop 33%CitywideBottom 29%
Same street · Rathgar Avenue
#38 / 161
Top 24% · Avg 271.6k
Same area · Lord Roberts
#606 / 1,828
Top 33% · Avg 286.7k
Citywide · Winnipeg
#138,166 / 194,458
Bottom 29% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetTop 45%Same areaTop 47%CitywideBottom 11%

Lot Size

around average
2,869 sqft
0255075100
Same streetTop 43%Same areaBottom 45%CitywideBottom 9%

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

550 Rathgar Avenue — 26 amenities found within 500 m, across 8 categories, including 10 dining (nearest 353 m), 2 education (nearest 327 m), 3 healthcare (nearest 323 m).

Search radius
🍽️Dining10
🏫Education2
🏥Healthcare3
🛒Shopping1
🌳Parks3
💪Sports2
Fuel Stations1
Worship4

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 10/2017CA$250k–300k
Sold price

Same street

Top 42%

Same area

Top 46%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 550 Rathgar Avenue, Winnipeg

Property Overview: 550 Rathgar Avenue, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 550 Rathgar Avenue is a classic, early 20th-century residence built in 1914, situated on a standard-sized lot in the established Lord Roberts neighbourhood. Its key appeal lies in its position as a solid, comparably valued property within its immediate area. While its 900 sqft living area is modest by broader city standards, it is typical for Rathgar Avenue, suggesting a comfortable fit within the streetscape. The assessed value is notably above average for the street, which can indicate above-average upkeep, improvements, or desirable lot attributes relative to its neighbours.

This property would suit a pragmatic buyer looking for a character home in a central neighbourhood without the premium often attached to larger, renovated properties. It’s a potential candidate for someone comfortable with a home of vintage charm that may benefit from updates, or for an investor seeking a stable asset in a consistent area. A thoughtful perspective is that its "above-average" assessment on the street could provide a stronger value foundation relative to immediate neighbours, even if it appears below average in a city-wide context.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 900 sqft, the living area is very close to the average for both Rathgar Avenue (1,011 sqft) and the wider Lord Roberts neighbourhood (1,071 sqft). It offers a practical footprint typical of many homes in the area.

2. Why is the assessed value higher than the street average?
The assessed value of $29.90k ranks in the top 24% on Rathgar Avenue. This suggests that municipal assessment views this property as having a higher value than most on its block, possibly due to condition, specific features, or lot desirability.

3. What is the typical price range for homes here?
Based on nearby sales data, a comparable home on this street sold in the range of $250k-$300k in 2017. For a more precise and current history, the exact sold prices can be requested directly from the listing service.

4. Is the lot size a constraint?
The lot of 2,869 sqft is standard for the area, ranking near the middle of the pack on the street and in Lord Roberts. It provides typical backyard space for the neighbourhood but is smaller than the newer, suburban city-wide average.

5. What should I consider about a home built in 1914?
A home of this age offers character and an established location. Prospective buyers should budget for potential updates to systems like wiring or plumbing and consider an inspection to understand the condition of original features. Its age is typical for the area, with many neighbouring homes built in the same era.