494 Mcleod Avenue

Rossmere-A, Winnipeg

Property score

70.8

Good

Overall 70.8 · Older than most nearby homes

1,121 sqft (top 38%) · 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

Near average

0% larger 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

70.8 is composed by the two sections below.

Property Score

62.2Fair
Living Area60
1,121 sqftFair
Year Built43
1958Low
Lot Size97
11,657 sqftExcellent
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
1,121 sqft
0255075100
Same streetTop 38%Same areaTop 38%CitywideBottom 42%
Same street · Mcleod Avenue
#85 / 226
Top 38% · Avg 1,148 sqft
Same area · Rossmere-A
#1,208 / 3,143
Top 38% · Avg 1,116 sqft
Citywide · Winnipeg
#112,522 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
370k
0255075100
Same streetTop 24%Same areaTop 16%CitywideTop 47%
Same street · Mcleod Avenue
#55 / 226
Top 24% · Avg 334.6k
Same area · Rossmere-A
#499 / 3,143
Top 16% · Avg 329.8k
Citywide · Winnipeg
#91,333 / 194,458
Top 47% · Avg 390.1k

Year Built

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

Lot Size

Elite
11,657 sqft
0255075100
Same streetTop 12%Same areaTop 1%CitywideTop 4%

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

494 Mcleod Avenue — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 256 m), 2 parks (nearest 75 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

494 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: 494 Mcleod Avenue, Winnipeg

Property Overview & Appeal

This well-situated one-storey home on a large, mature lot in Rossmere-A offers a blend of space, established character, and modern updates. Its key appeal lies in its generous 11,657 sqft lot, which ranks in the top 1% of the neighbourhood for size, providing exceptional outdoor potential and a rare sense of privacy for the area. The home itself features a renovated basement and a practical detached garage. With 1,121 sqft of living space, it is comfortably sized and ranks above average for the street.

The property suits buyers looking for a solid, move-in-ready foundation in a stable neighbourhood, with the land size being a major asset for gardening, recreation, or future expansion. It’s particularly appealing to those who value established communities over newer subdivisions, and who see the value in a large, private yard that is increasingly hard to find. The renovated basement adds flexible living space, making it a fit for small families, downsizers seeking single-level living with room for hobbies, or investors looking at a property with strong intrinsic value due to its lot.


Frequently Asked Questions

1. What is the true value of such a large lot?
Beyond privacy and space, a lot of this size (nearly a quarter-acre) in an established neighbourhood is a long-term asset. It allows for significant landscaping, the potential for additions like a workshop or studio (subject to bylaws), and typically holds its value independently of the home itself.

2. How does the age of the home (built 1958) affect things?
While the home is older, the renovated basement indicates updates have been made. Buyers should focus on the condition of major age-related components not mentioned, such as the roof, plumbing, electrical systems, and the foundation, which would be a priority for a professional inspection.

3. The assessed value is $370k; is that the selling price?
No. The municipal assessed value is for tax purposes and is a historical estimate. The market price is determined by current conditions, the home's specific features, and buyer demand. The list of nearby "similar assessed value" properties provides a useful benchmark for comparison.

4. What is the neighbourhood like?
Rossmere-A is a mature, established area. The high ranking of this property's lot size within the neighbourhood suggests it is one of the larger properties in the area, which often indicates a quieter, more spacious setting compared to parts of the same community with smaller lots.

5. Who might this property not suit?
It may not suit buyers seeking a brand-new, low-maintenance home, as an older property can come with unexpected upkeep. Those wanting an attached garage or a very large interior living space might also find other homes in the comparison list more aligned with those priorities.