537 Mark Pearce Avenue

Rossmere-A, Winnipeg

Property score

65.0

Good

Overall 65.0 · Compared with neighbourhood average

1,060 sqft (bottom 49%) · Built in 1960 (4 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 6 parks, and 2 place of worships 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)

Sold Count

1,159

Median price

370k

$/sqft

$358/sqft

Avg build year

1964

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Property score

65.0 is composed by the two sections below.

Property Score

55.0Fair
Living Area1,060 sqft52Fair
Year Built196043Low
Lot Size6,044 sqft81Excellent
Neighbourhood Sales Activity61Fair

Community Score

80.1Excellent
Household Income82Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110724

Community deep dive

$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

Population, labour & age

Population (2021)528
Labour force participation rate72%
Median age36.0
Avg household size2.6
Unemployment rate3%
Population density2640 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households26%
Couple families with children31%
Median household income (2020)$93K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority7%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,060 sqft
0255075100
Same streetTop 39%Same areaBottom 49%CitywideBottom 35%
Same street · Mark Pearce Avenue
#28 / 72
Top 39% · Avg 1,089 sqft
Same area · Rossmere-A
#1,598 / 3,143
Bottom 49% · Avg 1,116 sqft
Citywide · Winnipeg
#127,119 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

Elite
397k
0255075100
Same streetTop 3%Same areaTop 8%CitywideTop 39%
Same street · Mark Pearce Avenue
#2 / 72
Top 3% · Avg 339.2k
Same area · Rossmere-A
#241 / 3,143
Top 8% · Avg 329.8k
Citywide · Winnipeg
#75,998 / 194,458
Top 39% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 6%Same areaBottom 47%CitywideBottom 42%

Lot Size

above average
6,044 sqft
0255075100
Same streetBottom 18%Same areaTop 40%CitywideTop 30%

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

537 Mark Pearce Avenue — 10 amenities found within 500 m, across 3 categories, including 2 education (nearest 143 m), 6 parks (nearest 102 m).

Search radius
🏫Education2
🌳Parks6
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 4/2022CA$350k–400k
Sold price

Same street

Top 28%

Same area

Top 25%

City-wide

Top 45%
Sold 7/2020CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 537 Mark Pearce Avenue, Winnipeg

Property Overview

This home at 537 Mark Pearce Avenue in Winnipeg's Rossmere-A neighborhood presents a solid, mid-century property with a clear value proposition. Built in 1960, its key appeal lies not in being the largest or newest, but in offering above-average assessed value and a well-maintained presence within its immediate context. The 1,060 sqft living space is typical for the street and area, but the property's assessed value of $397k ranks in the top 3% on its street and top 8% in the neighborhood, suggesting it is perceived as a premium offering among its direct peers. The lot size of 6,044 sqft is slightly above average for the neighborhood.

This home would suit practical buyers looking for a move-in-ready property in an established area, who value stability and a strong relative valuation over a brand-new build or a massive footprint. It’s particularly appealing to someone who appreciates a home that stands out favorably on its own block in terms of investment and condition, rather than just on paper. The sales history shows a significant value increase between 2020 and 2022, indicating a positive trajectory.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While not a guarantee, the assessed value here is a strong signal. Ranking in the top 3% on its street suggests municipal assessors see this property as superior to most direct comparables, which often correlates with market value.

2. How does the lot size compare, and what does it mean for me?
At just over 6,000 sqft, the lot is slightly larger than the Rossmere-A average but slightly smaller than the Winnipeg average. On its specific street, it ranks below average. This indicates a standard-sized yard for the area—adequate for family use and gardening, but not an exceptionally large or small parcel.

3. The home was built in 1960. What should I consider?
A 1960 build is typical for this street and neighborhood. Buyers should prioritize a thorough inspection focusing on era-specific updates, such as the roof, wiring, plumbing, and windows, to understand any immediate or future maintenance needs.

4. What does the sales history tell us?
The home sold in July 2020 for an estimated $200k-$250k and again in April 2022 for $350k-$400k. This sharp increase aligns with the broader market trend of that period and establishes a higher recent price benchmark, showing strong appreciation in a short time.

5. How does this home truly compare to its neighbors?
The data reveals an interesting story: while its living area and age are very average for the street, its assessed value is elite. This often points to above-average updates, finishes, or overall condition that have been formally recognized, setting it apart from otherwise similar homes nearby.

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