571 Edison Avenue

Rossmere-A, Winnipeg

Property score

66.3

Good

Overall 66.3 · 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 ~95k

Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 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 · 74%Punjabi · 2%

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

66.3 is composed by the two sections below.

Property Score

59.8Fair
Living Area1,143 sqft60Fair
Year Built196043Low
Lot Size6,435 sqft81Excellent
Neighbourhood Sales Activity61Fair

Community Score

76.0Good
Household Income83Excellent
Education Level44Low
Housing Stress93Excellent
Core Housing Need88Excellent
Employment Health76Good

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: #46111149

Community deep dive

$95K

Median household income

$98K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

20%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)895
Labour force participation rate68%
Median age42.4
Avg household size2.5
Unemployment rate3%
Population density3196 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households20%
Couple families with children27%
Median household income (2020)$95K

Housing

Renter households2%
Condominium dwellings2%
Median dwelling value (owners)$310K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority17%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 73%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

above average
1,143 sqft
0255075100
Same streetTop 23%Same areaTop 34%CitywideBottom 44%
Same street · Edison Avenue
#30 / 131
Top 23% · Avg 1,182 sqft
Same area · Rossmere-A
#1,075 / 3,143
Top 34% · Avg 1,116 sqft
Citywide · Winnipeg
#108,863 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
344k
0255075100
Same streetTop 28%Same areaTop 33%CitywideBottom 44%
Same street · Edison Avenue
#37 / 131
Top 28% · Avg 339k
Same area · Rossmere-A
#1,038 / 3,143
Top 33% · Avg 329.8k
Citywide · Winnipeg
#108,668 / 194,458
Bottom 44% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 25%Same areaBottom 47%CitywideBottom 42%

Lot Size

above average
6,435 sqft
0255075100
Same streetTop 18%Same areaTop 20%CitywideTop 23%

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

571 Edison Avenue — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 369 m), 3 parks (nearest 113 m).

Search radius
🏫Education1
🌳Parks3
Worship1

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 7/2019CA$250k–300k
Sold price

Same street

Bottom 29%

Same area

Bottom 24%

City-wide

Bottom 27%

Related homes

Highlights & common questions: 571 Edison Avenue, Winnipeg

Property Overview: 571 Edison Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 571 Edison Avenue in the Rossmere-A neighborhood presents as a solid, middle-of-the-market property with consistent appeal. Built in 1960, its 1,143 sqft living area and 6,435 sqft lot size are both notably above average for its immediate street and community. This suggests a home that offers more space, both indoors and outdoors, than many of its direct neighbors—a key advantage for those seeking room to grow or enjoy a larger yard.

The property’s municipal assessed value of $344,000 aligns closely with recent neighborhood sales and sits slightly above the local average, indicating it is viewed as a stable asset within its area. Its appeal lies in its established, no-surprises profile. It’s not an outlier but a well-positioned property within its context, offering the practical benefits of a larger lot and decent square footage in a mature neighborhood. It would suit first-time buyers looking for a spacious starter home, downsizers seeking a manageable property with a good yard, or investors interested in a reliable rental property in a consistent area. A thoughtful perspective is that its rankings show strength precisely where it matters most: against its immediate comparables on Edison Avenue and in Rossmere-A, rather than just in city-wide metrics, highlighting its local desirability.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, comparable homes on Edison Avenue have recently sold in the $250,000-$300,000 range. The property’s current assessed value is higher, but assessments for tax purposes can differ from market value. Reviewing recent sale prices of similar nearby homes is essential for understanding the current market.

2. Is the lot size a significant advantage?
Yes. The land area of 6,435 sqft ranks in the top 20% within the Rossmere-A community, meaning it is substantially larger than many lots nearby. This offers more privacy, outdoor space, and potential for gardening, additions, or expansions compared to typical properties in the area.

3. What does the "above average" ranking for the build year mean?
For a street where the average build year is 1960, a ranking of 33 out of 131 (top 25%) indicates this home is among the newer properties on Edison Avenue. In a neighborhood of similar-aged homes, even a few years’ difference can sometimes correlate with updates or slightly newer construction materials.

4. How stable is the property value in this area?
The assessment data shows the home’s value is very consistent with the Rossmere-A average and slightly above its street average. The provided comparable sales from 2019 and similar current assessments suggest a history of stable, moderate value in this specific pocket, without the extreme fluctuations seen in some market segments.

5. Where can I find precise historical sale data for this address?
The page notes that precise MLS sale records are not displayed due to industry restrictions. However, it offers a manual service where you can request the accurate sales history via email, which will be provided directly without marketing spam.

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