Property score
46.8
Below average
Overall 46.8 · Smaller and older than most nearby homes
702 sqft (bottom 4%) · Built in 1923 (32 yrs older than avg)
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
33% smaller than neighborhood avg.
Year Built
Below average
32 yrs older 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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46.8 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
555 Oakview Avenue — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 450 m), 1 education (nearest 175 m), 1 healthcare (nearest 381 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 41% | Bottom 49% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 20% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 555 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This home at 555 Oakview Avenue is a compact, character property built in 1923, offering a distinct proposition in Winnipeg's Rossmere-B neighborhood. Its primary characteristic is its modest 702 sqft living area, which is notably smaller than most homes on its street, in the area, and across the city. This is balanced by a near-average lot size of just under 5,000 sqft, presenting a clear opportunity for expansion or outdoor enjoyment relative to the home's footprint.
The appeal lies in its position as a potentially more accessible entry point into the housing market. With an assessed value of $282k, it sits below local averages, suggesting a lower property tax burden and a potentially attractive price point for a first-time buyer or an investor. The home’s age and smaller size make it a candidate for those seeking a manageable project—whether that's simple updates or a more significant renovation to customize the space or add square footage. It would suit a pragmatic buyer who values land size over finished living area, sees potential in older homes, and is comfortable with a property that ranks below average in size and modern amenities but offers the foundational value of location and lot.
A less obvious perspective is that this property represents a specific segment of housing stock that is becoming rarer: a true, smaller-scale home from the early 20th century on a decent lot. It avoids the premium often attached to fully renovated character homes, offering authenticity instead of turn-key convenience.
Frequently Asked Questions
1. Is the smaller living area a major drawback?
It depends on your needs. The 702 sqft layout is efficient and manageable, potentially leading to lower utility costs and less maintenance. However, it requires thoughtful use of space and may not suit those needing multiple bedrooms or dedicated work-from-home areas without renovation.
2. How does the assessed value relate to the likely selling price?
The assessed value ($282k) is for municipal tax purposes and is typically below market value. Recent sold price data for the home (in the $250k-$300k range) suggests it has traded close to this assessment. A current market evaluation would be needed to determine an accurate listing or offer price.
3. What are the implications of the 1923 build date?
This older construction means potential for character details but also a higher likelihood of aging components like plumbing, electrical, or the foundation needing inspection. It ranks as older than most area homes, so a thorough pre-purchase inspection is essential.
4. The lot is relatively large for the home's size. Can I build an addition?
The near-5,000 sqft lot does provide a tangible asset: space. Whether you can build an addition, garage, or garden suite depends on Winnipeg's zoning bylaws, setback requirements, and your budget. This flexibility is a key feature for future expansion.
5. Where can I get verified sale history and exact past prices?
The provided data is from public sources, not the MLS. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site, which they provide via email. This is a common practice due to industry data restrictions.
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