Property score
65.0
Good
Overall 65.0 · Compared with neighbourhood average
1,065 sqft (top 50%) · Built in 1960 (4 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 3%
Past 10 years Rossmere-A sales snapshot (~80% of all data)
1,159
370k
$358/sqft
1964
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65.0 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: #46110724
$93K
Median household income
$105K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
26%
Single-person households
31%
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
494 Edison Avenue — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 208 m), 3 parks (nearest 269 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 | Bottom 34% | Bottom 28% | Bottom 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 494 Edison Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home at 494 Edison Avenue in the Rossmere-A neighborhood is a property defined by its solid, middle-of-the-road metrics, offering stability and value in a mature community. Built in 1960, the house is slightly newer than many on its street, and its 1,065 sqft living area is very typical for the immediate area. The assessed value of $337k sits comfortably around the neighborhood average, suggesting a fair market positioning without premium pricing.
The appeal here lies in its consistency and the value of its lot. The 6,048 sqft property is notably larger than many in Rossmere-A and across Winnipeg, offering above-average outdoor space—a significant asset for gardening, recreation, or future expansion. Historical sale data indicates it last sold in late 2020 for between $250k-$300k, which may point to built-up equity for the current seller.
This property would best suit pragmatic, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a generous yard over a large or modernized house. It’s for someone comfortable with a home from the 1960s who sees potential in the land size and is looking for an entry into a stable, established neighborhood without the premium price tag of a newer or fully renovated home.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $337k is very close to the street average of $339k and the neighborhood average of ~$330k. It ranks in the middle of the pack locally, indicating it is priced consistently with the area rather than being an outlier.
2. Is the lot size a significant feature?
Yes. At over 6,000 sqft, the lot is larger than most in both Rossmere-A and Winnipeg overall. This provides more private outdoor space than you might find in many comparable listings, which is a key advantage.
3. When was it last sold, and for how much?
Public records show it sold in November 2020 for an estimated price between $250,000 and $300,000. For the exact sale price, you can request the information directly via the listing site.
4. What should I know about the home’s age and condition?
Built in 1960, the home is typical for the area. Buyers should budget for potential updates common to houses of this era, such as roofing, windows, or mechanical systems, while also considering the character and established landscaping that come with a mature property.
5. Are there similar homes available for comparison?
The listing provides several nearby references on streets like Kingsford Avenue and Macaulay Crescent, with similar vintage but varying sizes and values. For example, a slightly smaller home at 522 Kingsford has a lower assessment ($308k), while a larger one at 431 Kingsford is assessed significantly higher ($434k), helping to contextualize this property’s market position.
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