577 Oakview Avenue

Rossmere-B, Winnipeg

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 86.0 · 4-min walk to transit with 4 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)

Sold Count

568

Median price

360k

$/sqft

$380/sqft

Avg build year

1955

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Property score

52.3 is composed by the two sections below.

Property Score

37.2Low
Living Area884 sqft32Low
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

below average
884 sqft
0255075100
Same streetBottom 26%Same areaBottom 19%CitywideBottom 15%
Same street · Oakview Avenue
#165 / 223
Bottom 26% · Avg 1,027 sqft
Same area · Rossmere-B
#1,276 / 1,567
Bottom 19% · Avg 1,047 sqft
Citywide · Winnipeg
#165,107 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

around average
315k
0255075100
Same streetTop 34%Same areaTop 46%CitywideBottom 34%
Same street · Oakview Avenue
#75 / 223
Top 34% · Avg 299.7k
Same area · Rossmere-B
#716 / 1,567
Top 46% · Avg 311.9k
Citywide · Winnipeg
#128,657 / 194,458
Bottom 34% · 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

577 Oakview Avenue — 9 amenities found within 500 m, across 7 categories, including 1 dining (nearest 498 m), 1 education (nearest 101 m), 1 healthcare (nearest 435 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳Parks2
Fuel Stations1
Worship2
🏛️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 1/2018CA$250k–300k
Sold price

Same street

Bottom 38%

Same area

Bottom 35%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 577 Oakview Avenue, Winnipeg

Property Overview: 577 Oakview Avenue, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This 1955-built home in Rossmere-B is a practical, no-frills property that represents a straightforward entry into Winnipeg’s housing market. With 884 square feet of living space, the house is notably compact—smaller than most homes on its street, in the neighborhood, and across the city. This smaller size is reflected in its assessed value of $315,000, which sits comfortably around the average for the immediate area but below the Winnipeg citywide average.

The appeal here is one of value and positioning. You’re purchasing a home on a standard-sized lot in an established neighborhood where the assessed value is in line with local norms. The home’s year of build is actually newer than many on its street, suggesting it may have been updated relative to some direct neighbors. This isn’t a luxury property, but a solid, average-priced home in a community of similar homes. It would suit first-time buyers or downsizers seeking an affordable footprint without venturing to the city's outskirts, or an investor looking for a stable, rental-ready asset in a mature neighborhood. Its recent sale history (last sold between $250k-$300k in 2018) indicates it has been a manageable holding for the previous owner.


Frequently Asked Questions

1. Is the living area too small?
At 884 sq ft, the home is smaller than the average house in Winnipeg. However, it is comparable to several other homes on Oakview Avenue. It’s a efficient layout suited for individuals, couples, or small families who prioritize low maintenance and cost over spaciousness.

2. How does the assessed value compare?
The $315,000 assessment is very typical for Rossmere-B and slightly above the street average. City-wide, it’s below average, which highlights the value of neighborhoods like this for more affordable homeownership within the city limits.

3. What does the sale history tell us?
It last sold in early 2018 for an estimated $250,000-$300,000. The current assessed value suggests modest appreciation since then, consistent with broader market trends. For exact historical sale prices, a manual lookup through the site is required.

4. How does the lot size compare?
The 4,997 sq ft lot is very close to the average for Oakview Avenue. It provides standard outdoor space for the area—not oversized, but perfectly adequate for a yard or garden.

5. Are there similar homes nearby?
Yes. The listed nearby properties on Oakview and surrounding streets are all very similar in age, size, and value, confirming this is a consistent, established area without extreme outliers, which can provide neighborhood stability.

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