Property score
56.6
Fair
Overall 56.6 · Newer than most nearby homes
987 sqft (bottom 40%) · Built in 1956 (1 yr newer than avg)
Located in a high-income area with median household income of ~91k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 2 parks nearby
Living Area
Near average
6% 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)
568
360k
$380/sqft
1955
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56.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110702
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
494 Oakview Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 327 m), 2 education (nearest 429 m), 1 healthcare (nearest 248 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 40% | Top 49% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 494 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This 987 sqft bungalow, built in 1956, presents a solid, no-fuss home in the Rossmere-B neighborhood. Its appeal lies in its established setting and relative value. The home is newer than most on its street and in the area, which can suggest updated infrastructure or less immediate need for major retrofits common in older builds. With an assessed value of $321k, it sits above the street average but below the Winnipeg city average, positioning it as a potentially good-value entry into a stable neighborhood. The lot size is modest for the area, which translates to less yard maintenance—a plus for those seeking a simpler footprint.
This property would suit first-time buyers or downsizers looking for a manageable, single-level home in a mature community. It’s a practical choice for someone prioritizing location and a move-in-ready foundation over expansive square footage or a large yard. The data suggests you’re buying into a street and neighborhood where the home’s key attributes are competitive, offering a sense of stability without a premium city-wide price tag.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 987 sqft, the living area is very close to the averages for both Oakview Avenue (1,027 sqft) and the Rossmere-B neighborhood (1,047 sqft). It is, however, below the Winnipeg city average, which is typical for many established mid-century neighborhoods.
2. Is the assessed value in line with the area?
Yes. The $321,000 assessment is above the average for the street but aligns closely with the neighborhood average. City-wide, it sits below average, indicating potential value relative to many other parts of Winnipeg.
3. What is the property’s history?
Public records show the home was last sold between $250,000 and $300,000 in June 2019. For fully verified sales history and exact figures, a manual lookup through the site is required.
4. How does the lot size impact the property?
The 4,390 sqft lot is smaller than most on the street and in Rossmere-B. This means less outdoor maintenance but also less private space. It’s a trade-off that can appeal to those seeking a lower-maintenance property.
5. Are there similar properties nearby for comparison?
Yes. The listing provides several nearby references on Oakview, Dunrobin, and Hazel Dell Avenues, with similar year-built (mid-1950s), living areas, and assessed values, offering a clear picture of the local market.
