500 Oakland Avenue

Rossmere-A, Winnipeg

Property score

65.3

Good

Overall 65.3 · Older than most nearby homes

1,043 sqft (bottom 43%) · 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, 3 parks, and 1 place of worship nearby

Living Area

Near 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 Area1,043 sqft52Fair
Year Built195843Low
Lot Size5,280 sqft67Good
Neighbourhood Sales Activity61Fair

Community Score

83.8Excellent
Household Income87Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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
1,043 sqft
0255075100
Same streetTop 40%Same areaBottom 43%CitywideBottom 32%
Same street · Oakland Avenue
#73 / 183
Top 40% · Avg 1,044 sqft
Same area · Rossmere-A
#1,797 / 3,143
Bottom 43% · Avg 1,116 sqft
Citywide · Winnipeg
#131,908 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

below average
298k
0255075100
Same streetBottom 16%Same areaBottom 23%CitywideBottom 29%
Same street · Oakland Avenue
#154 / 183
Bottom 16% · Avg 322.1k
Same area · Rossmere-A
#2,435 / 3,143
Bottom 23% · Avg 329.8k
Citywide · Winnipeg
#138,741 / 194,458
Bottom 29% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetTop 34%Same areaBottom 22%CitywideBottom 39%

Lot Size

around average
5,280 sqft
0255075100
Same streetBottom 48%Same areaBottom 36%CitywideTop 48%

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

500 Oakland Avenue — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 215 m), 3 parks (nearest 180 m).

Search radius
🏫Education2
🌳Parks3
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

Sold 9/2016CA$250k–300k
Sold price

Same street

Bottom 29%

Same area

Bottom 20%

City-wide

Bottom 25%

Related homes

Highlights & common questions: 500 Oakland Avenue, Winnipeg

Property Overview: 500 Oakland Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 500 Oakland Avenue in the Rossmere-A neighborhood is a classic Winnipeg property that represents a solid, average offering in the market. Built in 1958, its 1,043 sqft living space and 5,280 sqft lot are very close to the averages for both its street and community, indicating a typical and comfortable size for the area. The property’s primary appeal lies in its value positioning. With a tax-assessed value of $298,000, it sits notably below the average for the street, neighborhood, and city-wide comparisons. This suggests a potentially lower property tax burden and an accessible entry point into a stable, established community.

The home would suit practical, value-conscious buyers such as first-time homeowners looking for a manageable footprint without overextending financially, or investors seeking a rental property with fundamentals in line with area norms. A less obvious perspective is that a home ranking "average" across most metrics in a mature neighborhood can represent a lower-risk purchase, as it is less likely to be over-improved or uniquely problematic compared to its immediate peers. Its consistent, middle-of-the-road standings offer a straightforward canvas for future updates.

Section 2: Frequently Asked Questions

1. What does it mean that the assessed value is "below average" for the area?
This indicates the city's assessment of the property's value for tax purposes is lower than many comparable homes nearby. This typically results in a lower annual property tax bill, which is a positive for ongoing affordability.

2. How updated is this 1958 home?
The provided data does not specify renovations. As the build year is average for the street but older than the community average, prospective buyers should investigate the condition of major systems (roof, wiring, plumbing) and interior finishes, as updates may be needed.

3. Is the last known sale price from 2016 relevant today?
The 2016 sale price (listed between $250,000-$300,000) provides historical context but does not reflect the current market value. It does, however, establish a long-term ownership history, which can be a sign of a stable property.

4. How does the lot size compare?
At 5,280 sqft, the lot is very close to the street and neighborhood averages. It provides a standard outdoor space for the area but is smaller than the Winnipeg citywide average, which includes newer subdivisions with larger lots.

5. How can I get precise historical sale data for this property?
The site notes that due to industry restrictions, precise MLS sale records are not displayed publicly. They offer a manual service where you can request the accurate sales history via email, which they will provide directly without marketing spam.

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