Property score
52.3
Fair
Overall 52.3 · Smaller than most nearby homes
800 sqft (bottom 9%) · Built in 1955
Located in a high-income area with median household income of ~89k
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
24% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 84%Chinese · 1%
Past 10 years Rossmere-B sales snapshot (~80% of all data)
568
360k
$380/sqft
1955
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52.3 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: #46110701
$89K
Median household income
$104K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
27%
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
502 Oakview Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 329 m), 2 education (nearest 394 m), 1 healthcare (nearest 249 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 3% | Bottom 2% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
502 Oakview Avenue is a modest, well-situated home in Winnipeg's Rossmere-B neighborhood. Built in 1955, its key appeal lies in its position as a competitively priced entry point into a stable area. The home presents a clear value proposition, with an assessed value ($287K) notably below both the neighborhood and city averages. While its 800 sqft living area is smaller than most comparable homes, it sits on a standard city lot. The data suggests a property that has been maintained and is relatively newer than many on its street. It last sold between 2017 and 2022 for an estimated $150K-$200K, indicating significant potential equity growth since then.
This home would suit first-time buyers or investors seeking an affordable, low-maintenance footprint. Its below-average size and value for the area make it a practical, no-frills option. A thoughtful perspective is that its smaller scale could mean lower utility costs and property taxes, offering a different kind of value beyond the purchase price. It’s a home for someone prioritizing location and financial accessibility over space.
1. Is the living area too small?
At 800 sqft, the home is smaller than most in Rossmere-B and across Winnipeg. It's efficient and manageable, ideal for a single person, couple, or small family comfortable with a cozy layout.
2. How does the assessed value affect the likely selling price?
The assessed value of $287K is a municipal valuation for tax purposes, not a market price. However, being below area averages suggests a potentially attractive listing price compared to larger homes nearby, though the final price will be set by the market.
3. What does the sale history tell us?
It last sold for an estimated $150K-$200K around 2017. This indicates the property has likely appreciated, which is positive for a seller. For a buyer, it underscores the home's role as an affordable entry point that has built equity.
4. How does the lot size compare?
The 4,767 sqft lot is fairly typical for the street but below the neighborhood average. It provides adequate outdoor space without being burdensome to maintain, a balance some buyers prefer.
5. Are there any red flags in the data?
No major red flags are apparent. The home is older but newer than many on its block. All metrics are consistent with a smaller, older home in its location. The key consideration is whether the floorplan and condition meet a buyer's needs, which requires a physical viewing.
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