487 Mcleod Avenue

Rossmere-A, Winnipeg

Property score

65.3

Good

Overall 65.3 · Older than most nearby homes

1,038 sqft (bottom 37%) · Built in 1958 (6 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 parks, and 1 place of worship nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 73%Tagalog · 4%

Past 10 years Rossmere-A sales snapshot (~80% of all data)

Sold Count

1,159

Median price

370k

$/sqft

$358/sqft

Avg build year

1964

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Property score

65.3 is composed by the two sections below.

Property Score

52.9Fair
Living Area52
1,038 sqftFair
Year Built43
1958Low
Lot Size67
5,469 sqftGood
Neighbourhood Sales Activity61
Fair

Community Score

83.8Excellent
Household Income87
Excellent
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

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: #46110722

Community deep dive

$105K

Median household income

$129K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

25%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)760
Labour force participation rate68%
Median age43.2
Avg household size2.5
Unemployment rate7%
Population density926 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households25%
Couple families with children30%
Median household income (2020)$105K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority18%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 73%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,038 sqft
0255075100
Same streetBottom 27%Same areaBottom 37%CitywideBottom 30%
Same street · Mcleod Avenue
#165 / 226
Bottom 27% · Avg 1,148 sqft
Same area · Rossmere-A
#1,995 / 3,143
Bottom 37% · Avg 1,116 sqft
Citywide · Winnipeg
#136,159 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
312k
0255075100
Same streetBottom 35%Same areaBottom 31%CitywideBottom 33%
Same street · Mcleod Avenue
#146 / 226
Bottom 35% · Avg 334.6k
Same area · Rossmere-A
#2,166 / 3,143
Bottom 31% · Avg 329.8k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetBottom 40%Same areaBottom 22%CitywideBottom 39%

Lot Size

around average
5,469 sqft
0255075100
Same streetTop 44%Same areaBottom 39%CitywideTop 45%

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

487 Mcleod Avenue — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 270 m), 2 parks (nearest 104 m).

Search radius
🏫Education2
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

487 Mcleod Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 487 Mcleod Avenue, Winnipeg

Property Overview & Key Characteristics

This 1958 one-storey home on a spacious 5,469 sqft lot in Rossmere-A offers a practical, grounded opportunity. Its key appeal lies in its balance of established neighbourhood character and specific, modernized updates—most notably a renovated basement, which adds significant functional living space beyond the 1,038 sqft main floor. The detached garage and larger-than-average lot provide flexibility for parking, storage, or outdoor projects.

The home’s value is underscored by its strong rankings within its immediate area. It sits in the top tiers for lot size and year built compared to its street and wider neighbourhood, suggesting it is a comparatively newer home on a larger parcel in this mature community. While the living area is modest, the renovated basement effectively expands the usable square footage. This property would suit first-time buyers seeking a move-in-ready basement, downsizers looking for single-level living with room to breathe, or value-oriented investors attracted by the solid fundamentals and upgrade already in place.


Frequently Asked Questions

1. How does the assessed value compare to likely market value?
Assessed value is for municipal tax purposes and often differs from market value. The provided comparable listings with similar assessed values show a wide range of sale prices, indicating market value is influenced by factors like condition, updates, and specific location beyond the assessment.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. It’s essential to clarify the finish quality, ceiling height, legal egress, and whether it includes a bathroom or kitchenette to understand its true function and value.

3. Is the larger lot a benefit for future expansion?
Potentially. The lot size is a standout feature. Buyers should verify local zoning bylaws to understand if the property could accommodate an addition, a garage suite, or other structures, which could be a long-term advantage.

4. How does this 1958 home compare to newer builds in the area?
While newer builds offer modern layouts and materials, this home offers a larger lot and established neighbourhood maturity that newer subdivisions often lack. The trade-off is typically between modern interior flow and generous, mature outdoor space.

5. What are the implications of the home's ranking for "Year Built"?
Ranking in the top 21% for year built in the neighbourhood means it is among the newer homes in Rossmere-A. This can suggest potentially fewer immediate major system replacements (like roof or furnace) compared to older peers, but an inspection for a 68-year-old home remains crucial.