424 Oakview Avenue

Rossmere-B, Winnipeg

Property score

57.2

Fair

Overall 57.2 · Newer than most nearby homes

942 sqft (bottom 31%) · Built in 1956 (1 yr newer than avg)

Located in a high-income area with median household income of ~91k

Transit 68.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 2 parks nearby

Living Area

Below average

10% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 85%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

57.2 is composed by the two sections below.

Property Score

44.6Low
Living Area42
942 sqftLow
Year Built43
1956Low
Lot Size60
4,778 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

76.1Good
Household Income81
Excellent
Education Level44
Low
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
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: #46110702

Community deep dive

$91K

Median household income

$99K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

25%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)665
Labour force participation rate61%
Median age40.8
Avg household size2.4
Unemployment rate4%
Population density3694 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households25%
Couple families with children30%
Median household income (2020)$91K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority2%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
942 sqft
0255075100
Same streetBottom 45%Same areaBottom 31%CitywideBottom 20%
Same street · Oakview Avenue
#122 / 223
Bottom 45% · Avg 1,027 sqft
Same area · Rossmere-B
#1,088 / 1,567
Bottom 31% · Avg 1,047 sqft
Citywide · Winnipeg
#154,897 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
305k
0255075100
Same streetTop 46%Same areaBottom 41%CitywideBottom 31%
Same street · Oakview Avenue
#102 / 223
Top 46% · Avg 299.7k
Same area · Rossmere-B
#918 / 1,567
Bottom 41% · Avg 311.9k
Citywide · Winnipeg
#134,804 / 194,458
Bottom 31% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 16%Same areaTop 29%CitywideBottom 36%

Lot Size

around average
4,778 sqft
0255075100
Same streetBottom 35%Same areaBottom 25%CitywideBottom 39%

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

424 Oakview Avenue — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 405 m), 1 education (nearest 357 m), 1 healthcare (nearest 352 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳Parks2
Fuel Stations1
Worship2

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

Sold 1/2020CA$200k–250k
Sold price

Same street

Bottom 15%

Same area

Bottom 11%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 424 Oakview Avenue, Winnipeg

Property Overview: 424 Oakview Avenue, Winnipeg

Key Characteristics & Appeal

This is a well-situated, mid-century home in the Rossmere-B neighborhood that represents a practical entry into the Winnipeg market. Built in 1956, it is newer than many homes on its street and in the immediate area, which can be an advantage for systems and structure. With 942 sqft of living space and a 4,778 sqft lot, its size is very typical for Oakview Avenue, offering a manageable scale for upkeep.

The primary appeal lies in its established neighborhood setting and its valuation consistency. The home's assessed value of $305k aligns closely with averages for both the street and the broader Rossmere-B area, suggesting it is priced appropriately within its local context. Notably, it sits well below the city-wide average assessed value, indicating a more accessible price point compared to many parts of Winnipeg. Its last known sale was between $200k-$250k in early 2020.

This property would suit first-time buyers or downsizers looking for a straightforward, no-frills home in a mature community. It’s a sensible choice for those who prioritize location and lot size over square footage, and who see value in a home that is statistically average for its specific block—often a marker of stability and predictability rather than standing out as an outlier.


Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 942 sqft, the living area is slightly below the averages for both Oakview Avenue (1,027 sqft) and the Rossmere-B neighborhood (1,047 sqft), but ranks solidly in the top half of homes on the street. It offers a compact, efficient layout typical of its era.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $305k is a municipal valuation for tax purposes. It is very close to the street and neighborhood averages, providing a reliable benchmark. However, market conditions, the home’s specific condition, and recent upgrades will ultimately determine the sale price.

3. What does the year built tell us about the property?
Built in 1956, this home is newer than most on its street (average year built 1950) and in Rossmere-B (average 1955). This can be a positive, suggesting potentially newer foundational materials and systems compared to immediate neighbors, though a full inspection is always recommended.

4. How does the lot size impact the property's value?
The lot of 4,778 sqft is average for Oakview Avenue but below the Rossmere-B neighborhood average. It provides a decent outdoor space typical for the street, which may be more important for value here than comparing to larger lots elsewhere in the area.

5. Where can I find verified past sale prices for this home?
The site indicates a sale occurred between $200k-$250k in January 2020. For fully verified and exact historical transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS.