705 Oakland Avenue

Rossmere-A, Winnipeg

Property score

63.0

Fair

Overall 63.0 · Older than most nearby homes

1,040 sqft (bottom 40%) · Built in 1959 (5 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 3 dining spots, 1 school, 2 shops, and 6 parks nearby

Living Area

Near average

7% 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)

Sold Count

1,159

Median price

370k

$/sqft

$358/sqft

Avg build year

1964

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Property score

63.0 is composed by the two sections below.

Property Score

54.0Fair
Living Area1,040 sqft52Fair
Year Built195943Low
Lot Size5,900 sqft74Good
Neighbourhood Sales Activity61Fair

Community Score

76.6Good
Household Income82Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110723

Community deep dive

$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

Population, labour & age

Population (2021)451
Labour force participation rate63%
Median age41.2
Avg household size2.4
Unemployment rate5%
Population density2652 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households21%
Couple families with children26%
Median household income (2020)$93K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority15%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 47%Same areaBottom 40%CitywideBottom 32%
Same street · Oakland Avenue
#97 / 183
Bottom 47% · Avg 1,044 sqft
Same area · Rossmere-A
#1,873 / 3,143
Bottom 40% · Avg 1,116 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

below average
293k
0255075100
Same streetBottom 12%Same areaBottom 20%CitywideBottom 27%
Same street · Oakland Avenue
#161 / 183
Bottom 12% · Avg 322.1k
Same area · Rossmere-A
#2,506 / 3,143
Bottom 20% · Avg 329.8k
Citywide · Winnipeg
#141,299 / 194,458
Bottom 27% · Avg 390.1k

Year Built

above average
1959
0255075100
Same streetTop 9%Same areaBottom 30%CitywideBottom 40%

Lot Size

above average
5,900 sqft
0255075100
Same streetTop 11%Same areaTop 46%CitywideTop 35%

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

705 Oakland Avenue — 15 amenities found within 500 m, across 7 categories, including 3 dining (nearest 376 m), 1 education (nearest 394 m), 2 shopping (nearest 363 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping2
🌳Parks6
🏦Finance1
Fuel Stations1
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 3/2023CA$250k–300k
Sold price

Same street

Bottom 47%

Same area

Bottom 35%

City-wide

Bottom 33%
Sold 10/2020CA$200k–250k
Sold price

Same street

Bottom 18%

Same area

Bottom 14%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 705 Oakland Avenue, Winnipeg

Property Overview: 705 Oakland Avenue, Winnipeg

Key Characteristics & Appeal

This 1,040 sqft bungalow, built in 1959, presents a straightforward opportunity in the Rossmere-A neighbourhood. Its core appeal lies in a value-oriented position within a stable, established area. The home itself is of average size for its street and neighbourhood, but it stands out with a larger-than-average lot (5,900 sqft), offering valuable outdoor space and potential not found in many comparable properties.

The assessed value of $293k is notably below averages for the street, neighbourhood, and city, suggesting a potentially lower entry point. Recent sale history indicates steady activity. This combination—a solid lot size, a classic postwar build, and a value price—creates a practical proposition. It would suit first-time buyers seeking a foothold in a mature community, value-conscious investors, or downsizers looking for a manageable home with generous yard space. The appeal is less about standout luxury and more about securing a sound, foundational property where the land itself is a key asset.

Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. It primarily indicates this property is valued lower than many peers, which can be an advantage for property taxes and purchase price. It may reflect the home’s specific condition or updates needed compared to others on the street.

2. How does the larger lot size benefit me?
Beyond extra room for gardens or play, a larger lot in an older neighbourhood like Rossmere-A offers long-term flexibility. It could accommodate additions (subject to zoning) or simply provides more privacy and space than newer subdivisions, which is a growing rarity.

3. The home is older than many on the street. What should I consider?
Being built in 1959 places it in the earlier wave of the area’s development. This means potential for original character but also necessitates a thorough inspection of foundational systems like plumbing, electrical, and the roof, which may be nearing or past their typical lifespan.

4. What do the recent sales tell us?
The property sold in March 2023 and October 2020, showing consistent market activity. This pattern suggests it’s seen as a desirable, liquid asset in its price range within the community.

5. How can I verify the exact past sale prices?
The provided data shows price ranges. For precise figures and a verified transaction history, you must request a manual lookup from the site via email, as they do not publish MLS data directly.

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