Property score
52.3
Fair
Overall 52.3 · Smaller than most nearby homes
884 sqft (bottom 19%) · 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 2 parks nearby
Living Area
Below average
16% 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
554 Oakview Avenue — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 419 m), 1 education (nearest 184 m), 1 healthcare (nearest 353 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 | Top 37% | Top 48% | Bottom 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 4% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 554 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This home at 554 Oakview Avenue in Rossmere-B is a practical, mid-century bungalow built in 1955. Its key characteristic is its modest scale, with a living area of 884 sqft that is below the average for the street, neighborhood, and city. This is reflected in its assessed value of $277k, which also sits below local averages. The lot size is fairly typical for the immediate street.
The appeal lies in its position as an affordable entry point into a stable, established neighborhood. For the price, it offers a chance at homeownership with likely lower property taxes and utility costs compared to larger homes. Its 1955 build date is actually newer than many on its street, suggesting potentially updated infrastructure or a simpler renovation timeline than older counterparts.
This property would suit first-time buyers, downsizers, or investors looking for a straightforward, lower-maintenance asset. It’s for those who prioritize financial accessibility and location over square footage, and who may see potential in a home that is smaller and more manageable than its neighbors.
Frequently Asked Questions
1. Is this a "below average" home?
While the living area and assessed value rank below averages in statistical comparisons, this primarily indicates a smaller, more affordable property in its area. It doesn't necessarily reflect the home's condition or livability, but rather positions it as a competitively priced option.
2. What does the sold price history indicate?
The home sold between $250k-$300k in mid-2024, and previously between $200k-$250k in late 2017. This suggests steady market acceptance and a price point that has remained accessible relative to the broader market increases over that period.
3. How does the lot size impact future potential?
At just under 4,800 sqft, the lot is consistent with others on Oakview Avenue. While not oversized, it provides standard outdoor space and is unlikely to limit basic additions or renovations, though any major expansion would require careful planning.
4. Are the nearby comparison properties similar?
The listed nearby homes are generally similar in era (1950s-60s) but most are larger in both living area and assessed value. This reinforces that 554 Oakview is a more compact, value-oriented option within the same desirable pocket of Rossmere-B.
5. How can I verify the exact past sold prices?
The site provides sold price ranges. To obtain the exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
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