432 Oakview Avenue

Rossmere-B, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Newer than most nearby homes

1,004 sqft (bottom 44%) · Built in 1956 (1 yr newer than avg)

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

Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 2 parks nearby

Living Area

Near average

4% 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

60.8 is composed by the two sections below.

Property Score

50.6Fair
Living Area52
1,004 sqftFair
Year Built43
1956Low
Lot Size60
4,777 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
1,004 sqft
0255075100
Same streetTop 42%Same areaBottom 44%CitywideBottom 26%
Same street · Oakview Avenue
#94 / 223
Top 42% · Avg 1,027 sqft
Same area · Rossmere-B
#876 / 1,567
Bottom 44% · Avg 1,047 sqft
Citywide · Winnipeg
#142,993 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
312k
0255075100
Same streetTop 37%Same areaTop 49%CitywideBottom 33%
Same street · Oakview Avenue
#83 / 223
Top 37% · Avg 299.7k
Same area · Rossmere-B
#773 / 1,567
Top 49% · Avg 311.9k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

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

Lot Size

around average
4,777 sqft
0255075100
Same streetBottom 34%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

432 Oakview Avenue — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 388 m), 1 education (nearest 359 m), 1 healthcare (nearest 331 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 5/2019CA$250k–300k
Sold price

Same street

Bottom 47%

Same area

Bottom 41%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 432 Oakview Avenue, Winnipeg

Property Overview: 432 Oakview Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 432 Oakview Avenue in the Rossmere-B neighborhood presents a solid, mid-century property that offers value and stability. 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 just over 1,000 square feet of living space and a lot size near 4,800 square feet, its proportions are very typical for the street, fitting comfortably within the local context.

The primary appeal lies in its established neighborhood setting and its market positioning. The assessed value of $312,000 is consistent with area averages, suggesting a fair and predictable valuation. For a buyer, this represents an opportunity to enter a mature community without paying a premium for above-average size or a recent build. It suits first-time homeowners, downsizers, or investors looking for a straightforward, manageable property in Winnipeg. A thoughtful perspective is that its "average" metrics across the board can be a strength—it's less likely to be over-improved for the area, reducing the risk of overpaying for features the neighborhood won't support in resale value.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others in Winnipeg?
At 1,004 sqft, the living area is below the Winnipeg city-wide average for comparable homes. However, it is very much in line with the typical size found on Oakview Avenue and in the Rossmere-B neighborhood.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($312k) is a municipal valuation for tax purposes. It is around average for the street, neighborhood, and even city-wide when compared to similar homes. It provides a benchmark, but market conditions, property condition, and recent upgrades will ultimately determine the sale price.

3. The home was last sold in 2019. How can I find out the exact sale price?
The public data shows a sold price range of CA$250k–300k for that transaction. To obtain the exact, verified sale price, you must request a manual lookup from the site via email, as this data is not sourced from the MLS.

4. What are the potential implications of the lot size being below the neighborhood average?
The lot is approximately 4,777 sqft, which is slightly below the Rossmere-B neighborhood average. In practical terms, this may mean a moderately smaller backyard or less distance from neighbors compared to some other homes in the broader area, but it is still a standard city lot.

5. The home is older. Should I be concerned about major repairs?
Built in 1956, the home is newer than many on its block. While this is a positive relative point, any home of this age will require a thorough inspection. Key systems like plumbing, electrical, roofing, and the foundation should be evaluated to understand their condition and remaining lifespan.