506 Paufeld Drive

Rossmere-A, Winnipeg

Property score

67.9

Good

Overall 67.9 · Larger and newer than most nearby homes

1,334 sqft (top 12%) · Built in 1970 (6 yrs newer than avg)

Located in a above-average income area with median household income of ~73k

Transit 68.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 2 place of worships nearby

Living Area

Above average

20% larger than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 64%Punjabi · 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

67.9 is composed by the two sections below.

Property Score

67.2Good
Living Area1,334 sqft71Good
Year Built197052Fair
Lot Size5,606 sqft74Good
Neighbourhood Sales Activity61Fair

Community Score

68.9Good
Household Income74Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health52Fair

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: #46110729

Community deep dive

$73K

Median household income

$79K

Average household income

14%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

22%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)457
Labour force participation rate60%
Median age39.6
Avg household size2.6
Unemployment rate13%
Population density4570 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households22%
Couple families with children28%
Median household income (2020)$73K

Housing

Renter households38%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority30%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Punjabi · 4%

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

Rankings

Living Area

above average
1,334 sqft
0255075100
Same streetTop 21%Same areaTop 12%CitywideTop 39%
Same street · Paufeld Drive
#14 / 67
Top 21% · Avg 1,202 sqft
Same area · Rossmere-A
#379 / 3,143
Top 12% · Avg 1,116 sqft
Citywide · Winnipeg
#76,695 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
386k
0255075100
Same streetTop 28%Same areaTop 10%CitywideTop 42%
Same street · Paufeld Drive
#19 / 67
Top 28% · Avg 348.5k
Same area · Rossmere-A
#311 / 3,143
Top 10% · Avg 329.8k
Citywide · Winnipeg
#81,862 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetBottom 9%Same areaTop 22%CitywideTop 48%

Lot Size

around average
5,606 sqft
0255075100
Same streetBottom 31%Same areaBottom 44%CitywideTop 40%

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

506 Paufeld Drive — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 365 m).

Search radius
🌳Parks2
Worship2

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 10/2024CA$400k–450k
Sold price

Same street

Top 8%

Same area

Top 4%

City-wide

Top 24%

Related homes

Highlights & common questions: 506 Paufeld Drive, Winnipeg

Property Overview: 506 Paufeld Drive, Winnipeg

Key Characteristics & Buyer Appeal

This 1,334 sqft home on a 5,606 sqft lot in Rossmere-A presents a solid, above-average offering within its immediate neighborhood. Built in 1970, its key appeal lies in its strong positioning relative to local comparables. The living area is notably larger than most homes on its street and in Rossmere-A, ranking in the top 21% and 12% respectively. Similarly, its assessed value of $386k sits comfortably above the neighborhood average, placing it in the top 10% of Rossmere-A, which suggests good value retention in a desirable area. While its construction year is older than most on its specific street, it is actually newer than the broader neighborhood average.

This property would suit practical buyers looking for a home that stands out in its local market without a premium citywide price tag. It’s ideal for someone who values space and established community character over a newer build. The data indicates a home that is a strong performer within its own enclave—a sensible choice for buyers prioritizing neighborhood investment and more square footage for their money compared to nearby alternatives.


Frequently Asked Questions

What is the exact recent sale price?
Public data shows a sale occurred in October 2024 with a price range of CA$400,000–450,000. The exact figure can be provided upon request via email.

How does this home really compare to its neighbors?
The home ranks highly within Rossmere-A for both size and value. Its living area is larger than 88% of neighborhood comparables, and its assessed value is higher than 90% of them, indicating it is a above-average property in this specific community.

Is the 1970 build year a concern?
While it’s one of the older homes on its particular street, it is actually newer than the average home for the entire Rossmere-A neighborhood. This suggests the street may have newer development, but the property itself is not unusually old for the area.

What is the lot size like?
At 5,606 sqft, the lot is very close to the average for both the street and the neighborhood. It is, however, smaller than the Winnipeg citywide average for comparable homes.

How are the rankings and percentages determined?
The rankings compare this specific property against similar homes on three levels: its immediate street, the Rossmere-A neighborhood, and the entire city of Winnipeg. The "top X%" indicates the percentage of comparable homes it outperforms for that specific metric (e.g., living area, assessed value).

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.