Property score
67.9
Good
Overall 67.9 · Compared with neighbourhood average
1,143 sqft (top 34%) · Built in 1960 (4 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 4 parks, and 1 place of worship nearby
Living Area
Near average
2% larger 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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67.9 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
554 Edison Avenue — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 267 m), 4 parks (nearest 164 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 | Bottom 49% | Bottom 45% | Bottom 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1960s home at 554 Edison Avenue in Winnipeg's Rossmere-A neighborhood presents a solid, middle-of-the-road opportunity. Its key appeal lies in its consistency and position within a stable, established area. The 1,143 sqft house sits on a 6,050 sqft lot, with both figures being above average for its immediate street and neighborhood. With an assessed value of $351k, it ranks above local averages but sits near the citywide midpoint, suggesting it's a priced-in-line, known quantity rather than an undervalued find. It last sold between $250k-$300k in late 2016.
The property suits practical buyers looking for a predictable entry into homeownership without major surprises. It’s ideal for those who value a bit more indoor and outdoor space than their immediate neighbors typically have, and for buyers who find comfort in a home that performs steadily across most metrics—neither the newest nor the largest on the block, but reliably above par. Its consistent ranking (typically in the top 25-35% on its street) indicates a home that holds its own in a homogenous, mid-century area, appealing to those seeking community continuity over standout features.
Frequently Asked Questions
1. Is this a good value compared to the rest of Winnipeg?
The assessed value is around average citywide. You're not paying a premium for a trendy location, nor are you finding a steep discount. The value proposition is in getting an above-average property for its specific, stable neighborhood.
2. How does the lot size benefit me?
At over 6,000 sqft, the lot is notably larger than many in Winnipeg. This offers more private outdoor space, better potential for gardening or additions, and a less cramped feel compared to newer subdivisions.
3. The home was built in 1960. What should I expect?
Expect the standard upkeep of a 60+ year-old home. While the construction era is typical for the area, a thorough inspection is crucial to understand the condition of major systems like plumbing, electrical, and the roof, which may be at or beyond their typical lifespans.
4. How does this property rank against its direct neighbors?
It consistently ranks in the top quarter of Edison Avenue for living area, lot size, and value. This suggests it's one of the better-maintained or more desirable properties on the block, not a fixer-upper among renovated homes.
5. The last sale was in 2016. Why is that significant?
A sale eight years ago indicates a stable ownership period, which can be positive. However, it also means the property may not have seen recent major updates. The price jump from the 2016 sale range to the current assessment reflects the general market appreciation over that time.
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