499 Oakview Avenue

Rossmere-B, Winnipeg

63.7

Fair

Overall 63.7

Larger and newer than most nearby homes

1,196 sqft (top 16%)

Built in 1957 (2 yrs 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

Above average

14% larger than neighborhood avg.

Year Built

Above average

2 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

63.7 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,196 sqft60Fair
Year Built195743Low
Lot Size4,998 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

76.1Good
Household Income81Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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

above average
1,196 sqft
0255075100
Same streetTop 20%Same areaTop 16%CitywideBottom 49%
Same street · Oakview Avenue
#45 / 223
Top 20% · Avg 1,027 sqft
Same area · Rossmere-B
#256 / 1,567
Top 16% · Avg 1,047 sqft
Citywide · Winnipeg
#98,834 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
297k
0255075100
Same streetBottom 47%Same areaBottom 32%CitywideBottom 28%
Same street · Oakview Avenue
#119 / 223
Bottom 47% · Avg 299.7k
Same area · Rossmere-B
#1,065 / 1,567
Bottom 32% · Avg 311.9k
Citywide · Winnipeg
#139,258 / 194,458
Bottom 28% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetTop 14%Same areaTop 28%CitywideBottom 37%

Lot Size

around average
4,998 sqft
0255075100
Same streetTop 39%Same areaBottom 46%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

499 Oakview Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 372 m), 2 education (nearest 420 m), 1 healthcare (nearest 293 m).

Search radius
🍽️Dining1
🏫Education2
🏥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 8/2016CA$200k–250k
Sold price

Same street

Bottom 15%

Same area

Bottom 11%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 499 Oakview Avenue, Winnipeg

Property Overview: 499 Oakview Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,196 sqft bungalow on a 4,998 sqft lot in Rossmere-B presents a solid, value-conscious opportunity in Winnipeg’s housing market. Built in 1957, it is newer than many homes on its street and in the wider neighborhood, which can suggest a potentially updated foundation or mechanical systems compared to immediate peers.

The home’s primary appeal lies in its efficient scale and established location. It offers more living space than the average home on Oakview Avenue and in Rossmere-B, providing good functional room without being oversized. The assessed value of $297k sits comfortably around the local averages but stands notably below the Winnipeg citywide average, highlighting a more accessible price point for a home of this size within the city limits. This combination suggests you are paying primarily for the structure and location, not a premium for excess land or square footage.

It would suit practical buyers looking for a manageable, move-in-ready home in a mature neighborhood without the premium of a newer development. It’s a strong candidate for first-time homeowners, downsizers, or investors seeking a stable rental property. A less obvious perspective is that its "around average" metrics across the board signal stability and predictability—it’s a property unlikely to be over-improved for the area, reducing the risk of overcapitalizing on future renovations.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold between $200k-$250k in 2016. Current assessed value ($297k) is around the street average. For exact, verified sale prices of nearby properties, a manual lookup via the site’s email request service is needed.

2. Is the living space considered large for the area?
Yes. At 1,196 sqft, it ranks in the top 20% on Oakview Avenue and top 16% in Rossmere-B for living area, offering more space than many comparable neighboring homes.

3. What does the year built (1957) indicate?
It suggests the home is relatively newer than many in the immediate vicinity (where the average build year is 1950). This can sometimes correlate with updated electrical, plumbing, or insulation compared to older wartime or early-post-war builds.

4. Why is the citywide assessed value ranking lower than the neighborhood ranking?
The assessed value ($297k) is below the Winnipeg citywide average ($390k) because this metric includes all home types across all areas. It reflects that this property offers a more affordable price-per-square-foot within the city, not that it is undervalued in its local market.

5. How reliable is the sold price data provided?
The sold price ranges are based on publicly available data, not the MLS, and are presented in broad bands. For fully verified figures and a complete transaction history, you must request a manual lookup via email from the service.

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