327 Oakview Avenue

Rossmere-B, Winnipeg

Property score

42.5

Below average

Overall 42.5 · Smaller and older than most nearby homes

543 sqft (bottom 1%) · Built in 1923 (32 yrs older than avg)

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

Transit 68.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 park nearby

Living Area

Below average

48% smaller than neighborhood avg.

Year Built

Below average

32 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 2%

Past 10 years Rossmere-B sales snapshot (~80% of all data)

Sold Count

568

Median price

360k

$/sqft

$380/sqft

Avg build year

1955

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Property score

42.5 is composed by the two sections below.

Property Score

20.7Low
Living Area8
543 sqftLow
Year Built20
1923Low
Lot Size67
5,001 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

75.1Good
Household Income78
Good
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

Rossmere-B

How to read: Share of sales in each ~$50k price band for “rossmere-b” (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: #46110704

Community deep dive

$83K

Median household income

$88K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

29%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)639
Labour force participation rate68%
Median age40.8
Avg household size2.3
Unemployment rate4%
Population density3550 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households29%
Couple families with children27%
Median household income (2020)$83K

Housing

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

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority14%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 82%
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

below average
543 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Oakview Avenue
#221 / 223
Bottom 1% · Avg 1,027 sqft
Same area · Rossmere-B
#1,558 / 1,567
Bottom 1% · Avg 1,047 sqft
Citywide · Winnipeg
#193,879 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
186k
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 6%
Same street · Oakview Avenue
#216 / 223
Bottom 3% · Avg 299.7k
Same area · Rossmere-B
#1,550 / 1,567
Bottom 1% · Avg 311.9k
Citywide · Winnipeg
#181,891 / 194,458
Bottom 6% · Avg 390.1k

Year Built

below average
1923
0255075100
Same streetBottom 19%Same areaBottom 6%CitywideBottom 14%

Lot Size

above average
5,001 sqft
0255075100
Same streetTop 22%Same areaBottom 49%CitywideBottom 45%

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

327 Oakview Avenue — 7 amenities found within 500 m, across 5 categories, including 2 dining (nearest 454 m), 1 education (nearest 492 m), 2 healthcare (nearest 400 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare2
🌳Parks1
Worship1

Crime & Safety

Rossmere-B · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

62%

Sales History

327 Oakview Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 327 Oakview Avenue, Winnipeg

Property Overview

This one-storey home on a generous 5,001 sqft lot in Rossmere-B presents a specific and compelling opportunity. Its key appeal lies in its land value and potential, rather than its current living space. Built in 1923, the house itself is modest at 543 sqft, ranking it among the smallest in the area, and it features no basement. However, its assessed value is remarkably low at $18,600, placing it in the top 3% of the street for low property taxes. This combination signals a property where the value is almost entirely in the land itself.

The profile suits a particular type of buyer: those looking for a strategic investment in a mature neighbourhood. It's a prime candidate for a knockdown and rebuild, a major expansion, or for an investor comfortable with a renovation project. Its appeal is not for someone seeking a move-in-ready home, but for a buyer with a vision to capitalize on a large lot in an established community. The very low square footage and assessed value suggest the current structure adds minimal financial burden, making the land the clear asset.


Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is primarily based on the existing structure. Given the home's very small size (543 sqft) and age, the municipal assessment reflects a low value for the building, resulting in proportionally lower property taxes compared to neighbours.

2. Is this a teardown property?
While not explicitly stated, the data strongly suggests it. The combination of a very small, century-old house on a large lot with an extremely low assessment typically indicates that the land holds the majority of the property's value, making redevelopment a logical consideration.

3. What are the implications of having no basement?
This limits storage and mechanical space, and eliminates potential for a below-grade suite or recreational area. Any significant renovation or rebuild would need to accommodate utilities and living space entirely on the main floor or in an above-grade addition.

4. The living area is ranked in the bottom 1%. How does that affect livability?
The 543 sqft layout would require efficient, minimalist living and is likely configured with few rooms. It is not suited for a growing family or those accustomed to more space without plans for a major renovation.

5. The year built is 1923, but it ranks in the top 6% for being "newer" in the neighbourhood. What does that mean?
This statistical rank is counterintuitive. It indicates that a significant majority of homes in Rossmere-B were built even earlier than 1923, highlighting the area's deeply established, mature character. The home, while old, is actually among the younger houses in this specific part of the community.