Property score
65.0
Good
Overall 65.0 · Smaller than most nearby homes
1,008 sqft (bottom 30%) · Built in 1960 (4 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 68.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 4 parks, and 1 place of worship nearby
Living Area
Below average
10% 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
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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
542 Edison Avenue — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 236 m), 4 parks (nearest 180 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 41% | Top 50% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 542 Edison Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 542 Edison Avenue in Rossmere-A is a classic Winnipeg bungalow from 1960, presenting a straightforward opportunity in a mature neighborhood. Its primary appeal lies in its balance of space and value. While the 1,008 sqft living area is modest compared to city averages, it is complemented by an above-average lot size of over 6,000 sqft, offering valuable outdoor space and potential. The assessed value of $326k is consistently around the average for both the street and the wider neighborhood, suggesting it is priced in line with local market norms.
This property would suit first-time buyers or downsizers looking for a manageable, single-level home with a generous yard in an established area. It also appeals to value-oriented buyers who prioritize land size over interior square footage, seeing potential in the lot itself. A less obvious perspective is that its "around average" metrics across the board indicate stability; it's not an outlier, which can mean predictable property taxes and fewer surprises relative to the immediate community. The home's age suggests well-understood construction methods but also implies that a buyer's comfort with maintenance and potential updates is essential.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
The living area is slightly below the average for Edison Avenue itself (1,182 sqft average) but is closer to the Rossmere-A neighborhood average (1,116 sqft). This indicates the home is on the cozier side for its immediate street but typical for the broader area.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $326k is used for municipal tax purposes. Market price is determined by current conditions. However, this assessment is very close to the neighborhood average ($329.8k), and the home last sold between $300k-$350k in 2020, providing a relevant benchmark.
3. What are the advantages of the larger lot size?
The 6,050 sqft lot is above average for both the street and neighborhood. This allows more room for gardening, recreation, or future expansions like a shed, deck, or addition, subject to local zoning bylaws.
4. What should I consider about a home built in 1960?
Homes of this era are common in Winnipeg and feature familiar construction. Buyers should pay particular attention to the condition of major systems (roof, wiring, plumbing, heating) and insulation, as many have been updated over the decades. A thorough inspection is recommended.
5. How can I find out the exact past sale price?
The public data shows a sold price range. For fully verified and exact historical sale figures, you must request a manual lookup from the site provider via email, as MLS data is not displayed here due to industry rules.
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