Property score
57.9
Fair
Overall 57.9 · Compared with neighbourhood average
1,062 sqft (bottom 47%) · Built in 1976 (12 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 schools, and 5 parks nearby
Living Area
Near average
9% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 8%
Past 10 years Mission Gardens sales snapshot (~80% of all data)
456
413k
$355/sqft
1988
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57.9 is composed by the two sections below.
Property Score
Community Score
Mission Gardens
How to read: Share of sales in each ~$50k price band for “mission gardens” (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: #46110820
$95K
Median household income
$86K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
13%
Single-person households
30%
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
56 Rougeau Avenue — 7 amenities found within 500 m, across 2 categories, including 2 education (nearest 210 m), 5 parks (nearest 344 m).
Mission Gardens · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 8% | Bottom 19% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
56 Rougeau Avenue is a 1,062 sqft bungalow built in 1976, situated on a compact 2,001 sqft lot in Winnipeg's Mission Gardens neighborhood. The home presents a specific value proposition, defined by its contrasts. Its living space is efficiently sized and ranks above average for its immediate street, offering a comfortable footprint for its layout. However, its most defining characteristic is its significantly below-average assessed value and land area compared to both the neighborhood and the wider city. This creates a profile of a home that is modest in scale and municipal valuation, yet potentially efficient and manageable.
Key Characteristics & Appeal
The primary appeal of this property lies in its affordability and low-maintenance potential. With an assessed value consistently in the bottom tiers of comparison groups, it represents a lower barrier to entry into the Winnipeg market. The home is not a fixer-upper in the traditional sense—it's a structurally established 1970s build that is average in age for its area. Its compact lot means less yard work and exterior upkeep, which can be a significant advantage for those seeking a simpler lifestyle or looking to minimize ongoing costs.
This home would suit practical, budget-conscious buyers. It's ideal for a first-time homeowner ready to stop renting but wary of a large mortgage or property maintenance. It could also appeal to downsizers looking to lock in a modest, predictable property tax base. The buyer best suited here values financial efficiency over expansive space, seeing the smaller lot and home not as limitations, but as manageable assets that free up time and resources.
1. Why is the assessed value so much lower than the city-wide average?
Assessed value is primarily for municipal tax purposes and is influenced by factors like lot size, home size, age, and recent sales in the area. This home's notably small lot size and modest square footage are the key drivers of its lower assessment compared to the typical Winnipeg home.
2. Is the small lot size a major drawback?
It depends on your lifestyle. It greatly reduces yard maintenance and may lower landscaping costs, which is a benefit for many. However, it limits potential for additions, large decks, or extensive gardening. It's a trade-off that prioritizes simplicity over outdoor space.
3. The home sold recently in 2023. What does that indicate?
The sale within the last two years suggests a market-tested price. It indicates the property is likely in livable condition and that its unique combination of features (small lot, lower value) found a buyer in the current market, providing a relevant recent benchmark.
4. How does the living area compare to nearby homes?
Interestingly, at just over 1,060 sqft, the living space is actually above average for Rougeau Avenue itself. This means the home feels appropriately sized within its immediate streetscape, even if the lot it sits on is smaller than those of its neighbors.
5. What should I investigate further given the age and value?
Given its 50-year age, a thorough inspection of major systems (roof, foundation, plumbing, electrical) is essential to understand any upcoming capital needs. The low assessment is advantageous for taxes, but it's wise to confirm with a real estate professional how this might correlate with the current market sale price and ensure there are no unseen issues affecting value.
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