724 Oakland Avenue

Rossmere-A, Winnipeg

Property score

60.2

Fair

Overall 60.2 · Older than most nearby homes

1,036 sqft (bottom 36%) · Built in 1959 (5 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 3 dining spots, 1 school, 2 shops, and 5 parks nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 78%French · 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

60.2 is composed by the two sections below.

Property Score

52.9Fair
Living Area1,036 sqft52Fair
Year Built195943Low
Lot Size5,185 sqft67Good
Neighbourhood Sales Activity61Fair

Community Score

71.1Good
Household Income78Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health42Low

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: #46110888

Community deep dive

$83K

Median household income

$85K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

33%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)649
Labour force participation rate49%
Median age46.0
Avg household size2.3
Unemployment rate8%
Population density2317 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households33%
Couple families with children23%
Median household income (2020)$83K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority16%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,036 sqft
0255075100
Same streetBottom 41%Same areaBottom 36%CitywideBottom 30%
Same street · Oakland Avenue
#108 / 183
Bottom 41% · Avg 1,044 sqft
Same area · Rossmere-A
#2,012 / 3,143
Bottom 36% · Avg 1,116 sqft
Citywide · Winnipeg
#136,635 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
330k
0255075100
Same streetTop 30%Same areaTop 49%CitywideBottom 39%
Same street · Oakland Avenue
#55 / 183
Top 30% · Avg 322.1k
Same area · Rossmere-A
#1,540 / 3,143
Top 49% · Avg 329.8k
Citywide · Winnipeg
#118,620 / 194,458
Bottom 39% · Avg 390.1k

Year Built

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

Lot Size

around average
5,185 sqft
0255075100
Same streetBottom 25%Same areaBottom 31%CitywideTop 50%

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

724 Oakland Avenue — 14 amenities found within 500 m, across 7 categories, including 3 dining (nearest 341 m), 1 education (nearest 473 m), 2 shopping (nearest 316 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping2
🌳Parks5
🏦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 7/2016CA$200k–250k
Sold price

Same street

Bottom 18%

Same area

Bottom 14%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 724 Oakland Avenue, Winnipeg

Property Overview: 724 Oakland Avenue, Winnipeg

Key Characteristics & Buyer Profile

This home at 724 Oakland Avenue in Rossmere-A presents a solid, middle-of-the-road offering in the Winnipeg market. Built in 1959, it is actually slightly newer than many of its immediate neighbors on Oakland Avenue, placing it in the top 9% for year built on its own street. With 1,036 sqft of living space and a 5,185 sqft lot, its size is consistently "around average" when compared to the neighborhood and city, offering a practical footprint without standing out as particularly large or small.

The primary appeal lies in its stability and established community context. The assessed value of $330k is above the street average, suggesting the property is well-positioned within its most immediate market. This isn't a flashy or oversized home, but rather one that holds its ground. It would suit a first-time buyer or a downsizer looking for a manageable, no-surprises home in a mature neighborhood. The data indicates a buyer who values practicality over prestige—someone seeking a fair, comparable value rather than a standout bargain or a premium property. A thoughtful perspective is that its consistent "average" rankings across most metrics could be seen as a strength, indicating lower risk and good resale liquidity, as it squarely fits the most common market segment.


Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold between $200k-$250k in July 2016. Its current assessed value of $330k is above the current street average of $322.1k, indicating perceived value growth and a strong position among nearby homes.

2. Is the lot size a disadvantage?
The lot of 5,185 sqft is below the average for Oakland Avenue but is very close to the neighborhood average. It provides a typical yard space for the area, unlikely to be a drawback for most buyers but not offering extra land premium.

3. What does the "above average" year built ranking mean?
While built in 1959, this home is newer than many on its block (street average is 1958). This minor advantage suggests potentially slightly updated infrastructure or construction compared to the immediate houses around it.

4. Where can I get the exact historical sale price?
The site provides sold price ranges for non-members. To receive the exact sale figure from the last transaction, you must request a manual lookup via email, as this data is not sourced from the MLS.

5. Are the size and value in line with the broader Winnipeg market?
Yes. The living area and assessed value both rank near the 60th-70th percentile city-wide, meaning this property is comfortably within the most common range for Winnipeg homes, neither exceptionally high nor low.

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