Property score
56.5
Fair
Overall 56.5 · Smaller than most nearby homes
936 sqft (bottom 30%) · 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, 1 school, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
11% 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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56.5 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
507 Oakview Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 379 m), 1 education (nearest 351 m), 1 healthcare (nearest 300 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 31% | Bottom 26% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 507 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This 1955 home in Rossmere-B offers a practical, grounded opportunity in the Winnipeg market. Its primary appeal lies in its balance of a generous lot and a manageable, efficient footprint. At 936 sqft, the living space is typical for the immediate street and neighborhood but sits below the citywide average, positioning it as a more affordable, lower-maintenance option. The standout feature is the 5,496 sqft lot, which is significantly larger than most on Oakview Avenue, offering valuable outdoor space and potential.
The home’s assessed value of $287k is below both neighborhood and city averages, suggesting a relatively accessible entry point. It last sold between $250k-$300k in 2016. This profile suits first-time buyers seeking a starter home with room to grow outdoors, downsizers looking to reduce living space without sacrificing yard size, or value-oriented investors attracted to a stable, established area. It’s a property where the land may hold more long-term value than the structure itself, appealing to those who see potential beyond the current floor plan.
Frequently Asked Questions
1. Is the house smaller than average?
Yes. At 936 sqft, it is below the Winnipeg city average for comparable homes. However, it is very much in line with the typical size found on Oakview Avenue itself, reflecting the character of this specific street.
2. What is the significance of the large lot?
The lot is over 5,400 sqft, placing it in the top 6% on this street for land area. This is a less obvious advantage, providing more privacy, gardening space, and future expansion potential than most neighboring properties.
3. How does the assessed value compare?
At $287k, the assessment is below the averages for both the Rossmere-B neighborhood and Winnipeg as a whole. This can indicate a more affordable tax base and may reflect the home’s smaller size, though it’s around average for the immediate street.
4. Can I find out the exact past sale price?
The public data shows a sold price range of CA$250k–300k for November 2016. Due to data source rules, obtaining the exact figure requires a manual lookup request through the website, which is provided via email.
5. What are the nearby homes like?
The immediate area consists primarily of homes built in the 1950s with similar assessed values and living areas, indicating a consistent, established streetscape. A few newer or renovated homes on the street, like one built in 1984, show higher values, hinting at the potential impact of updates.
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