542 Oakview Avenue

Rossmere-B, Winnipeg

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 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 3 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)

Sold Count

568

Median price

360k

$/sqft

$380/sqft

Avg build year

1955

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Property score

56.5 is composed by the two sections below.

Property Score

44.3Low
Living Area42
936 sqftLow
Year Built36
1955Low
Lot Size67
5,139 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

74.9Good
Household Income80
Excellent
Education Level44
Low
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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
936 sqft
0255075100
Same streetBottom 44%Same areaBottom 30%CitywideBottom 20%
Same street · Oakview Avenue
#125 / 223
Bottom 44% · Avg 1,027 sqft
Same area · Rossmere-B
#1,100 / 1,567
Bottom 30% · Avg 1,047 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
311k
0255075100
Same streetTop 39%Same areaBottom 49%CitywideBottom 33%
Same street · Oakview Avenue
#86 / 223
Top 39% · Avg 299.7k
Same area · Rossmere-B
#793 / 1,567
Bottom 49% · Avg 311.9k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · Avg 390.1k

Year Built

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

Lot Size

above average
5,139 sqft
0255075100
Same streetTop 16%Same areaTop 40%CitywideBottom 49%

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

542 Oakview Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 390 m), 1 education (nearest 229 m), 1 healthcare (nearest 319 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳Parks3
Fuel Stations1
Worship3
🏛️Government1

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 8/2022CA$350k–400k
Sold price

Same street

Top 8%

Same area

Top 16%

City-wide

Top 42%

Related homes

Highlights & common questions: 542 Oakview Avenue, Winnipeg

Property Overview: 542 Oakview Avenue, Winnipeg

Key Characteristics & Appeal

This 1955-built home in Rossmere-B offers a practical, grounded opportunity. With 936 sqft of living space, it sits comfortably within the averages for its immediate street and neighborhood, though it is more compact compared to the Winnipeg citywide average. Its primary appeal lies in its well-proportioned, above-average lot size of over 5,000 sqft for the street, offering valuable outdoor space and potential. The assessed value of $311k is aligned with neighborhood norms and presents a more accessible entry point compared to the higher citywide average.

This property would suit first-time buyers or downsizers seeking a manageable footprint in an established neighborhood without a premium price tag. Its appeal is one of practicality and proportionality—you’re acquiring a lot that stands out on the block, with a house that requires no excess maintenance for unused space. A thoughtful perspective is that homes of this era and size on larger lots can offer flexibility; the generous yard balances the modest interior, providing room for gardens, recreation, or future expansion, which is a growing priority for many.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 936 sqft, the living area is very typical for Oakview Avenue and the Rossmere-B neighborhood, ranking around the average. It is, however, notably smaller than the average Winnipeg home, which tends to be over 1,300 sqft.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $311k is a municipal valuation for tax purposes. Notably, a nearby comparable home at 569 Oakview Avenue (same size, built 1956) has an assessed value of $300k, suggesting this figure is in line. Market conditions and property specifics will determine the final sale price.

3. What does the sold price history indicate?
Records show it sold between $350k-$400k in August 2022, which placed it in the top 16% for the area at that time. This past sale suggests the property can command a value well above its current assessment, though past performance does not guarantee future results.

4. What are the less obvious advantages of this property?
The lot size is a significant asset, ranking in the top 16% on its street. For a home of this size, the land-to-building ratio is favorable, offering more private outdoor space than many neighbors. Additionally, being built in 1955 makes it newer than many homes on the street, potentially meaning updated infrastructure or materials.

5. How can I get verified, exact sale price information for this home?
The public data provided shows sold price ranges. To obtain fully verified, exact historical sale figures, you must request a manual lookup via email from the service, as this information is not sourced from the MLS and is not displayed directly on the site.