Property score
68.6
Good
Overall 68.6 · Compared with neighbourhood average
1,137 sqft (top 36%) · Built in 1960 (4 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 76.0 · 1-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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68.6 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
562 Edison Avenue — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 292 m), 4 parks (nearest 153 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 25% | Top 33% | Top 50% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 39% | Top 47% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 562 Edison Avenue, Winnipeg
Key Characteristics & Target Buyer
This home at 562 Edison Avenue in the Rossmere-A neighborhood presents a solid, value-oriented opportunity in Winnipeg. Built in 1960, its 1,137 sqft living area is very close to the neighborhood average, offering practical space without being oversized. The true standout feature is the generous 7,396 sqft lot, which ranks within the top 14% city-wide, providing significant outdoor space that is increasingly rare.
The home’s appeal lies in its established community setting and strong relative value. Its municipal tax assessment of $366,000 is notably above average for both its street and neighborhood, suggesting the property is viewed favorably compared to its immediate peers. Recent sales history indicates stable value. This property would best suit a pragmatic buyer—perhaps a young family seeking room to grow outdoors, or a value-conscious investor looking for a well-located asset with a large lot. It’s a home for someone who prioritizes land size and community stability over a modern, turn-key build, and is prepared for the potential updates that come with a home of this era.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Based on municipal tax assessments, this property is valued higher than most on its street and in Rossmere-A, ranking in the top 18% within the community. This often indicates a well-maintained home or desirable lot relative to its neighbors.
2. Is the lot size a significant advantage?
Yes. The lot is substantially larger than average for the street, neighborhood, and even the city overall. This offers more privacy, yard space, and future potential than many comparable properties.
3. What does the sales history tell us?
Recorded sales in 2017 and 2020 both fell within the $300,000-$350,000 range, showing price stability over that period. For precise historical sale prices, the listing source offers a manual email inquiry service.
4. As a home built in 1960, what should I consider?
While the build year is typical for the area, a buyer should budget for potential updates to major aging components like the roof, windows, plumbing, or electrical systems, and consider an inspection to evaluate their current condition.
5. Who are the most comparable nearby properties?
Similar homes on the same street (e.g., 577, 582, 585 Edison Ave) share the same build era and similar living space, but this property generally carries a higher assessed value, likely due to its superior lot size and specific attributes.
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