Property score
65.0
Good
Overall 65.0 · Compared with neighbourhood average
1,040 sqft (bottom 40%) · 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
7% 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
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
Free · No credit card required
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
498 Edison Avenue — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 203 m), 3 parks (nearest 257 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 17% | Top 23% | Top 44% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 18% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This well-situated 1960s bungalow at 498 Edison Avenue in Rossmere-A offers a classic Winnipeg housing profile with notable recent investment. Its key characteristic is the renovated basement, adding valuable finished space to the 1,040 sqft main floor. The lot is a generous 6,048 sqft, providing ample outdoor space that ranks above average for the street.
The appeal lies in its balance of established neighbourhood character and modernized living space, underscored by a significant value increase—it sold for $360k in 2022, far above its previous sale price and current assessed value. This suggests substantial updates or a hot market moment. It would suit first-time buyers looking for a move-in-ready home with a finished lower level, or downsizers seeking a manageable single-storey layout on a large, private lot. A thoughtful perspective is that while the home ranks in the middle of the pack for size and assessed value on its street, its recent sale price performance was in the top tier, indicating it may have features or a condition that outpaces its direct comparisons.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. This would be a key point to clarify with the seller or agent to understand the quality and layout of the additional living space.
2. Why is there such a large gap between the 2022 sale price ($360k) and the current assessed value ($30.6k)?
Assessed value in Manitoba is for municipal tax purposes and is typically much lower than market value. The 2022 sale price is the true indicator of its recent market worth, reflecting the property's condition and the market at that time.
3. Is the home suitable for adding a garage?
The property has no garage, but the large lot size (over 6,000 sqft) provides potential space for adding one, subject to local zoning and setback bylaws.
4. How does this property compare to others on the street?
The data shows it ranks in the top half for lot size and newer construction age on Edison Avenue. Its last sale price ranked in the top 13% for the street, suggesting it was a premium offering compared to neighbours at that time.
5. What is the neighbourhood character of Rossmere-A?
Based on the provided comparable listings, Rossmere-A features primarily bungalows and split-levels built from the 1950s to 1970s, with varied lot sizes and a mix of updated and original homes, indicating a mature, stable neighbourhood.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
