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 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
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)
568
360k
$380/sqft
1955
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57.2 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
497 Oakview Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 372 m), 2 education (nearest 434 m), 1 healthcare (nearest 293 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 | Bottom 37% | Bottom 31% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 497 Oakview Avenue, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This home at 497 Oakview Avenue in Rossmere-B is a well-situated, mid-century property that represents a solid entry point 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 square feet of living space, it is competitively sized for its neighborhood and street, though modest compared to the city-wide average. The assessed value of $305,000 aligns very closely with local averages, suggesting it is priced appropriately within its context.
The appeal lies in its established neighborhood setting and its position as a manageable, typically-sized home for the area. It’s not an outlier in any major category—size, value, or lot—which can indicate stability and reduce the risk of overpaying relative to the community. The lot size, while below average for Rossmere-B, is near-typical for Oakview Avenue itself, offering a balanced outdoor space without excessive maintenance.
This property would suit first-time buyers or downsizers seeking a straightforward, no-surprises home in a mature neighborhood. It’s also a practical fit for investors or buyers focused on value preservation, as its metrics consistently hover around local averages rather than at extremes. The data suggests a property that is fundamentally in step with its surroundings, offering a sense of predictability.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 942 sqft, the living area is very close to the average for both Oakview Avenue (1,027 sqft) and the Rossmere-B neighborhood (1,047 sqft). It provides a comfortable footprint typical for the area, though it is smaller than the average Winnipeg home.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $305,000 is a municipal valuation for tax purposes. Notably, it sits almost exactly at the street average and slightly below the neighborhood average. Recent sold data from 2019 shows a price between $250k-$300k, but market conditions have likely shifted. It’s a useful benchmark, but a current market evaluation is essential.
3. What are the implications of the 1956 build year?
Built in 1956, this home is newer than over 80% of the houses on Oakview Avenue. This can be a positive, suggesting potentially updated infrastructure compared to older neighbors, but it still means a nearly 70-year-old home. A thorough inspection of the roof, wiring, plumbing, and foundation is always recommended.
4. How does the lot size affect the property?
The lot of 4,698 sqft is slightly smaller than the Rossmere-B average but standard for its specific street. This typically means a manageable yard for gardening or recreation without the upkeep demands of a much larger parcel.
5. Where can I find verified past sale prices for this home?
The provided data notes that exact sale figures are not displayed due to industry rules. The site offers to manually look up and email the full transaction history upon request, which is the most reliable way to obtain verified past sale prices for this specific address.
