Property score
47.9
Below average
Overall 47.9 · Smaller but newer than most nearby homes
736 sqft (bottom 14%) · Built in 1958 (13 yrs newer than avg)
Located in a high-income area with median household income of ~89k
Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 school, 3 parks, and 1 place of worship nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Above average
13 yrs newer than neighborhood avg.
Mother tongue
English · 82%French · 4%
Past 10 years Victoria West sales snapshot (~80% of all data)
447
236.5k
$311/sqft
1945
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47.9 is composed by the two sections below.
Property Score
Community Score
Victoria West
How to read: Share of sales in each ~$50k price band for “victoria west” (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: #46110824
$89K
Median household income
$87K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.3
P90 / P10 ratio
23%
Single-person households
28%
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
540 Rosseau Avenue W — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 496 m), 1 education (nearest 379 m), 3 parks (nearest 409 m).
Victoria West · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -90%
vs. prior year
Primary type
Property
56%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 13% | Bottom 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Top 43% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1958 home at 540 Rosseau Avenue W in Victoria West presents a distinct value proposition. Its key appeal lies in its position as a well-situated, established property in a desirable neighborhood, offering a solid foundation at a manageable scale.
Key Characteristics & Appeal
The home’s 736 sqft living area is notably compact, placing it below average for its street, neighborhood, and Winnipeg overall. This defines its core characteristic: it is a efficient, lower-maintenance footprint. The significant appeal, however, is in its assessed value of $331k, which ranks well above average for both Rosseau Avenue W (Top 17%) and the wider Victoria West area (Top 10%). This suggests the property is valued more for its premium location and lot than for its current interior size. The 4,499 sqft lot is typical for the area.
This property would suit a specific buyer: a first-time homebuyer or downsizer seeking an entry point into a sought-after neighborhood like Victoria West, who prioritizes location over square footage and sees potential in a home that may be older (1958) but is well-regarded for its vintage in its immediate context. It’s also a logical candidate for investors or renovators who view the compact structure as a canvas for expansion or modernization, leveraging the already-strong assessed value.
Frequently Asked Questions
Q: The living area seems small. How does that affect the value?
A: The above-average assessed value despite the smaller size indicates that factors like the Victoria West location, the lot, and the character of the street are significant drivers of worth here. The price reflects the land and location premium.
Q: Is the 1958 build date a concern?
A: Context matters. While around the citywide average, this home is actually newer than many on its street and in Victoria West, ranking in the top 17% and 14% locally, respectively. It’s a relatively newer home within an established, classic neighborhood.
Q: What does the lot size mean for potential expansion?
A: The nearly 4,500 sqft lot is standard for the area and provides a good footprint. Compared to the compact house size, it offers a notable ratio of outdoor to indoor space, presenting a clear opportunity for additions, a garden, or outdoor living areas, subject to local zoning.
Q: Who would this home not be suitable for?
A: It likely wouldn’t suit a buyer needing substantial move-in-ready space for a growing family or those who prefer new builds without renovation projects. Its appeal is in its potential and location, not in spacious, modern finishes.
Q: The citywide assessed value rank is only "around average." Is that a red flag?
A: Not necessarily. Winnipeg’s average includes a vast range of property types and suburbs. The more relevant data points are the strong above-average rankings within the specific street and neighborhood, which confirm its standing in its immediate, more competitive market.
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