1038 Jessie Avenue

Rockwood, Winnipeg

Property score

62.5

Fair

Overall 62.5 · Older than most nearby homes

1,072 sqft (top 45%) · Built in 1941 (8 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 3 schools, 3 healthcare facilitys, and 2 parks nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 2%

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

Sold Count

458

Median price

354k

$/sqft

$300/sqft

Avg build year

1949

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Property score

62.5 is composed by the two sections below.

Property Score

46.4Low
Living Area52
1,072 sqftFair
Year Built24
1941Low
Lot Size46
3,999 sqftLow
Neighbourhood Sales Activity69
Good

Community Score

86.7Excellent
Household Income82
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health100
Excellent

Neighbourhood Sales

Rockwood

How to read: Share of sales in each ~$50k price band for “rockwood” (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: #46110389

Community deep dive

$94K

Median household income

$117K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

32%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)559
Labour force participation rate87%
Median age38.0
Avg household size2.1
Unemployment rate0%
Population density3493 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households32%
Couple families with children19%
Median household income (2020)$94K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority9%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,072 sqft
0255075100
Same streetBottom 22%Same areaTop 45%CitywideBottom 36%
Same street · Jessie Avenue
#219 / 279
Bottom 22% · Avg 1,314 sqft
Same area · Rockwood
#507 / 1,121
Top 45% · Avg 1,076 sqft
Citywide · Winnipeg
#124,646 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
434k
0255075100
Same streetTop 11%Same areaTop 10%CitywideTop 31%
Same street · Jessie Avenue
#32 / 279
Top 11% · Avg 337.7k
Same area · Rockwood
#113 / 1,121
Top 10% · Avg 340.6k
Citywide · Winnipeg
#60,733 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
1941
0255075100
Same streetTop 27%Same areaBottom 16%CitywideBottom 20%

Lot Size

around average
3,999 sqft
0255075100
Same streetTop 31%Same areaBottom 25%CitywideBottom 26%

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

1038 Jessie Avenue — 12 amenities found within 500 m, across 5 categories, including 2 dining (nearest 155 m), 3 education (nearest 359 m), 3 healthcare (nearest 344 m).

Search radius
🍽️Dining2
🏫Education3
🏥Healthcare3
🌳Parks2
Worship2

Crime & Safety

Rockwood · WPS public data · 2026

Annual incidents

11

2026

vs. city avg

-63%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

82%

Sales History

Sold 10/2020CA$400k–450k
Sold price

Same street

Top 11%

Same area

Top 11%

City-wide

Top 26%
Sold 7/2017CA$300k–350k
Sold price

Same street

Bottom 30%

Same area

Bottom 43%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 1038 Jessie Avenue, Winnipeg

Property Overview: 1038 Jessie Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,072 sqft home, built in 1941, presents a compelling mix of established neighborhood character and solid value. Its assessed value of $434k stands out as notably above average for both Jessie Avenue and the broader Rockwood area, suggesting it is perceived as a premium property within its immediate context. The living space is efficiently sized, closely matching the neighborhood average, making it a practical choice rather than an overly spacious one.

The appeal lies in its position as a well-regarded home on its street, coupled with a lot size that is typical for the area. It suits buyers looking for a move-in ready home in a mature neighborhood, who prioritize location and perceived value over having a newer build or a large lot. It may particularly resonate with those who appreciate the stability of an older, established street where this property holds a strong relative value. A thoughtful perspective is that while the home is older than many in the city, it is actually newer than most on its own street, potentially indicating a street with enduring appeal where well-maintained older homes retain their worth.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much higher than the street and neighborhood averages?
The assessed value of $434k ranks in the top 10-11% for the immediate area, indicating that specific features of this property—such as its condition, updates, or exact location—are likely valued more highly than the average home on Jessie Avenue or in Rockwood.

2. How does the size of this home compare to others?
At 1,072 sqft, the living area is very close to the Rockwood neighborhood average. It is somewhat smaller than the average home on Jessie Avenue itself but is around the middle range when compared to the entire city.

3. What is the history of sale prices for this property?
Public records indicate it sold in 2017 for an estimated $300k-$350k and again in 2020 for an estimated $400k-$450k. For verified, exact sale prices, you must request a manual lookup from the site via email.

4. Is the lot size a drawback?
The lot of 3,999 sqft is typical for Jessie Avenue but is below the averages for both the Rockwood neighborhood and Winnipeg overall. It provides standard outdoor space for the street but may not suit those seeking extensive yard space.

5. The home was built in 1941. What should I consider?
While built in 1941, it is newer than many homes on its street. Buyers should prioritize a thorough inspection to understand the condition of major systems (roof, wiring, plumbing) and any updates that have been made, as maintenance history is key for a home of this age.