59.7
Fair
Property score
59.7
Fair
Overall 59.7
Larger but older than most nearby homes
1,564 sqft (top 6%)
Built in 1954 (10 yrs older than avg)
Located in a below-average income area
with median household income of ~44k
Transit 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 12 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
40% larger than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 67%Punjabi · 4%
Past 10 years Rossmere-A sales snapshot (~80% of all data)
1,159
370k
$358/sqft
1964
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59.7 is composed by the two sections below.
Property Score
Community Score
Rossmere-A
How to read: Share of sales in each ~$50k price band for “rossmere-a” (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: #46110717
$44K
Median household income
$58K
Average household income
22%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
60%
Single-person households
11%
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
224 Edison Avenue — 28 amenities found within 500 m, across 9 categories, including 12 dining (nearest 120 m), 1 education (nearest 475 m), 2 healthcare (nearest 425 m).
Rossmere-A · WPS public data · 2026
Annual incidents
81
2026
vs. city avg
+175%
relative to avg
Year-over-year
▼ -90%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 22% | Top 27% | Top 46% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 36% | Top 45% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 224 Edison Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of generous living space and established neighborhood character. Its primary strength is its above-average living area of 1,564 sqft, which ranks in the top 6% for the Rossmere-A neighborhood and offers more room than most comparable homes on its street. While built in 1954, making it older than many nearby homes, this often translates to classic construction and mature landscaping. The lot size is slightly more compact than some, but the property holds an assessed value that is competitive and above the local averages.
The appeal lies in its position as a spacious, well-situated home in a stable area. It suits buyers looking for a move-in-ready property with room to grow, who value established communities over brand-new developments. It’s particularly well-matched for those who prioritize interior space over a large yard and appreciate a home that offers solid value within its immediate locale, as evidenced by its strong street and neighborhood rankings for both size and assessed value.
Frequently Asked Questions
1. How does the home’s age impact its value and potential?
Built in 1954, the home is older than many in Rossmere-A. This means potential buyers should pay close attention to the condition of major aging components like the roof, plumbing, and electrical systems during an inspection. However, homes from this era often feature durable construction and larger room proportions.
2. The lot size is noted as below average for the street. How significant is this?
At 5,109 sqft, the lot is smaller than the street average of ~5,943 sqft. This likely means a more manageable yard with less maintenance, but may offer less privacy or space for extensive outdoor additions compared to some neighbors. The trade-off is the notably larger-than-average living area inside.
3. The assessed value is above local averages but around the city average. What does this indicate?
This suggests the property is valued strongly within its own community, reflecting the desirability of Rossmere-A. Its city-wide ranking shows it sits in a moderate value tier for Winnipeg overall, indicating it’s a reasonably priced option for the space offered, without the premium of some newer or centrally located areas.
4. What can recent sale prices tell me?
The home sold in late 2024 for an estimated $350k-$400k. This sale price ranked in the top 22% for its street, showing it achieved a strong price relative to its immediate peers. Comparing this to the 2019 sale price (estimated $300k-$350k) can provide insight into market trends for the property.
5. How can I verify the exact historical sale prices?
Due to industry data rules, exact MLS sale figures are not published on this site. You can request the full, verified transaction history by emailing the site administrators directly for a manual lookup, which they provide without using your contact information for marketing.
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