521 Oakview Avenue

Rossmere-B, Winnipeg

Property score

59.5

Fair

Overall 59.5 · Compared with neighbourhood average

1,000 sqft (bottom 43%) · Built in 1955

Located in a high-income area with median household income of ~89k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 3 parks nearby

Living Area

Near average

4% 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)

Sold Count

568

Median price

360k

$/sqft

$380/sqft

Avg build year

1955

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Property score

59.5 is composed by the two sections below.

Property Score

49.2Low
Living Area1,000 sqft52Fair
Year Built195536Low
Lot Size4,997 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

74.9Good
Household Income80Excellent
Education Level44Low
Housing Stress93Excellent
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: #46110701

Community deep dive

$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

Population, labour & age

Population (2021)525
Labour force participation rate66%
Median age40.0
Avg household size2.4
Unemployment rate9%
Population density3500 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households27%
Couple families with children30%
Median household income (2020)$89K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority8%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 83%
Mother tongue (2nd)Chinese · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,000 sqft
0255075100
Same streetTop 43%Same areaBottom 43%CitywideBottom 26%
Same street · Oakview Avenue
#95 / 223
Top 43% · Avg 1,027 sqft
Same area · Rossmere-B
#886 / 1,567
Bottom 43% · Avg 1,047 sqft
Citywide · Winnipeg
#143,718 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
307k
0255075100
Same streetTop 43%Same areaBottom 44%CitywideBottom 31%
Same street · Oakview Avenue
#96 / 223
Top 43% · Avg 299.7k
Same area · Rossmere-B
#870 / 1,567
Bottom 44% · Avg 311.9k
Citywide · Winnipeg
#133,605 / 194,458
Bottom 31% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 29%Same areaTop 47%CitywideBottom 34%

Lot Size

around average
4,997 sqft
0255075100
Same streetTop 47%Same areaBottom 45%CitywideBottom 44%

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

521 Oakview Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 397 m), 1 education (nearest 287 m), 1 healthcare (nearest 320 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳Parks3
Fuel Stations1
Worship3

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 6/2019CA$250k–300k
Sold price

Same street

Bottom 26%

Same area

Bottom 23%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 521 Oakview Avenue, Winnipeg

Property Overview

521 Oakview Avenue presents a well-established home in Winnipeg's Rossmere-B neighborhood. Built in 1955, this property offers a classic, no-frills homeownership opportunity that is very much in line with its immediate surroundings.

Key Characteristics & Appeal

This is a home defined by its consistency within its local context. With 1,000 sqft of living space and an assessed value of $307k, it sits squarely around the average for both its street and the Rossmere-B area. Its lot size of nearly 5,000 sqft is also typical for the street, offering standard outdoor space. The home's year of construction is actually newer than many on its block, giving it a slight edge in its most immediate comparison.

The primary appeal lies in its stability and predictability. You are not overpaying for premium size or finishes, nor are you acquiring a project far below neighborhood standards. It represents a sensible, middle-of-the-road option in a mature community. This would suit a first-time buyer seeking an affordable entry into the Winnipeg market, or a practical downsizer looking for a manageable home without the fluctuations of a newer, more volatile subdivision. A thoughtful perspective is that its "average" metrics provide a buffer; it's less likely to be over-assessed or stand out negatively, which can mean steadier property taxes and resale expectations compared to homes that are outliers.


Frequently Asked Questions

How does this home’s size compare to others in Winnipeg?
While the living area is typical for Rossmere-B, it is below the Winnipeg city-wide average of 1,342 sqft. This highlights the neighborhood's character of more modest, mid-century homes compared to newer city developments.

Is the assessed value in line with recent sale prices?
The home last sold between $250k-$300k in mid-2019. The current $307k assessment is slightly above that range, but remains aligned with the averages for the street and area, suggesting the valuation is consistent with market trends.

What does the "Above Average" year built ranking mean?
Built in 1955, this home is newer than many on Oakview Avenue, where the average build year is 1950. This can imply potentially fewer age-related issues than some direct neighbors, though all homes in this group are from a similar era.

How can I find out the exact past sale price?
The public data shows a price range. For the precise sale figure, you must request a manual lookup from the site provider, as MLS sold data is not displayed due to industry regulations.

What are the nearby homes like?
Immediate neighbors on Oakview Avenue are very similar, with comparable sizes, ages, and assessed values mostly between $300k-$325k. This uniformity suggests a stable, consistent streetscape without dramatic variations in property scale or value.

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