60.0
Fair
Property score
60.0
Fair
Overall 60.0
Smaller and older than most nearby homes
996 sqft (bottom 27%)
Built in 1959 (5 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 2 dining spots, 1 school, 2 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 3%
Past 10 years Rossmere-A sales snapshot (~80% of all data)
1,159
370k
$358/sqft
1964
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60.0 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: #46110723
$93K
Median household income
$99K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
21%
Single-person households
26%
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
585 Cedarcrest Drive — 13 amenities found within 500 m, across 7 categories, including 2 dining (nearest 336 m), 1 education (nearest 362 m), 2 shopping (nearest 338 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%
Local garbage, recycling, and yard waste pickup schedule for 585 Cedarcrest Drive.
Garbage
monday
Recycling
monday
Yard Waste
monday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 4% | Top 3% | Top 22% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Top 44% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 585 Cedarcrest Drive, Winnipeg
Key Characteristics & Appeal
This home at 585 Cedarcrest Drive in the Rossmere-A neighborhood is a classic Winnipeg bungalow, built in 1959. With 996 sqft of living space, it is a compact and manageable size, sitting slightly below the average for both the neighborhood and the city. Its true standout feature is the 6,047 sqft lot, which is notably larger than most in Rossmere-A and ranks above average city-wide, offering valuable outdoor space and potential.
The property’s assessed value for taxes is $361,000, which is significantly higher than the averages for its immediate street and neighborhood. This suggests the municipal assessment sees value in the lot size, location, or recent improvements relative to nearby homes. Market activity indicates strong interest; the home sold for an estimated $45-50K range in July 2022, a price that ranked in the top 4% for its street at the time, showing a substantial increase from its previous sale in 2019.
This home would best suit first-time buyers, downsizers, or practical investors looking for a solid entry into a mature neighborhood. Its appeal lies in the generous lot within a well-established area, offering a balance of affordability (relative to larger homes) and the upside of land value. It’s a property where the land may be a more significant asset than the house itself, appealing to those with a vision for outdoor living or future expansion.
Frequently Asked Questions
1. Is the living space too small for a family?
At 996 sqft, the home is cozy and efficient. It would suit a small family or those comfortable with creative use of space. The larger-than-average lot provides crucial room for children to play or for adding a deck or patio to extend living areas outdoors.
2. Why is the tax assessment so high compared to nearby homes?
The $361,000 assessment ranking in the top 14% on its street indicates the city assessor attributes higher value to this property. This can be due to the lot size, specific location advantages, or updates that have been accounted for. It's wise to budget for property taxes accordingly.
3. What does the significant price jump between 2019 and 2022 indicate?
The jump from the $30-35K range to the $45-50K range aligns with the peak of a hot market. It reflects both broad market trends and possibly specific updates made to the property. Buyers should consider recent market adjustments and have a current appraisal.
4. Are homes from 1959 likely to have major issues?
Homes of this era are common in Winnipeg. While systems like plumbing, electrical, and the foundation should be carefully inspected, many have been well-maintained or updated over the decades. A thorough home inspection is essential.
5. How accurate is the listed sale price data?
The site states its sold price data is based on public records, presented in ranges, and not from the MLS. For absolute accuracy, they recommend contacting them directly to receive verified data via email. Always consult with your real estate agent for the most reliable and complete transaction history.
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