1540 Roy Avenue

Weston, Winnipeg

Property score

47.1

Below average

Overall 47.1 · Older than most nearby homes

953 sqft (top 43%) · Built in 1905 (32 yrs older than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 3 parks, and 1 place of worship nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

32 yrs older than neighborhood avg.

Mother tongue

English · 57%Tagalog · 25%

Past 10 years Weston sales snapshot (~80% of all data)

Sold Count

682

Median price

202.5k

$/sqft

$245/sqft

Avg build year

1937

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Property score

47.1 is composed by the two sections below.

Property Score

33.8Low
Living Area953 sqft42Low
Year Built190510Low
Lot Size2,597 sqft28Low
Neighbourhood Sales Activity48Low

Community Score

67.1Good
Household Income74Good
Education Level44Low
Housing Stress74Good
Core Housing Need63Fair
Employment Health76Good

Neighbourhood Sales

Weston

How to read: Share of sales in each ~$50k price band for “weston” (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: #46110149

Community deep dive

$74K

Median household income

$76K

Average household income

18%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

17%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)598
Labour force participation rate74%
Median age31.8
Avg household size3.0
Unemployment rate14%
Population density7475 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households17%
Couple families with children32%
Median household income (2020)$74K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$186K

Diversity, education & language

Immigrants (share of pop.)45%
Visible minority59%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Tagalog · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
953 sqft
0255075100
Same streetTop 33%Same areaTop 43%CitywideBottom 21%
Same street · Roy Avenue
#19 / 57
Top 33% · Avg 871 sqft
Same area · Weston
#752 / 1,736
Top 43% · Avg 936 sqft
Citywide · Winnipeg
#152,708 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
183k
0255075100
Same streetTop 49%Same areaTop 44%CitywideBottom 6%
Same street · Roy Avenue
#28 / 57
Top 49% · Avg 194.5k
Same area · Weston
#765 / 1,736
Top 44% · Avg 184.7k
Citywide · Winnipeg
#182,538 / 194,458
Bottom 6% · Avg 390.1k

Year Built

below average
1905
0255075100
Same streetBottom 5%Same areaBottom 6%CitywideBottom 2%

Lot Size

around average
2,597 sqft
0255075100
Same streetBottom 30%Same areaBottom 40%CitywideBottom 6%

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

1540 Roy Avenue — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 264 m), 1 healthcare (nearest 432 m), 3 parks (nearest 300 m).

Search radius
🏫Education2
🏥Healthcare1
🌳Parks3
Worship1

Crime & Safety

Weston · WPS public data · 2026

Annual incidents

66

2026

vs. city avg

+124%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Other

35%

Full crime data for Weston →Winnipeg crime overview →

Sales History

Sold 5/2022CA$200k–250k
Sold price

Same street

Top 32%

Same area

Top 28%

City-wide

Bottom 14%
Sold 6/2017CA$50k–100k
Sold price

Same street

Bottom 5%

Same area

Bottom 3%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 1540 Roy Avenue, Winnipeg

1540 Roy Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 953 sqft home on a 2,597 sqft lot, built in 1905, with an assessed value of $183,000. It sits on Roy Avenue in the Weston neighbourhood of Winnipeg.

Where the appeal lies: The property’s main draw is its affordability relative to the city. The assessed value ranks in the bottom 6% citywide, meaning it’s priced well below the average home in Winnipeg. For someone who prioritizes keeping their housing costs low over having a large space or a modern build, this represents a practical entry point. The living area is small but typical for the street and neighbourhood, so you’re not sacrificing space compared to what’s normal locally. The lot, while modest by city standards, is in line with other homes nearby.

What it’s not: You aren’t buying a fixer-upper with a huge yard or recent construction. The home is old—among the oldest on the street and in the area—and will likely have the maintenance needs that come with a 1905 build. The land area is below average for the city, which can be a limitation if you want garden space, parking for multiple vehicles, or future expansion. There’s no data here on interior condition, so any buyer should go in eyes open about the actual state of the structure and systems.

Who it suits: First-time buyers with a tight budget who value location and low purchase price over square footage and a modern floor plan. It also works for investors looking for a low-cost entry into the Weston market, or someone who doesn’t mind an older home and prefers to put their money into renovations over time. It’s less suitable for families needing extra rooms or anyone looking for a “move-in ready” home that already meets current standards.


Frequently Asked Questions

1. How does the assessed value compare to what I’d actually pay?
The assessed value of $183,000 is a benchmark used for property taxes, not a market price. On Roy Avenue, the average assessed value for comparable homes is $194,500, and the street median is slightly higher. The home’s actual sale price could be different depending on condition, demand, and recent sales. It’s worth looking at recent sold prices in Weston for homes of similar age and size to get a realistic idea.

2. The home was built in 1905—what does that usually mean for maintenance?
Homes from that era often have foundation materials, electrical systems, plumbing, and insulation that are outdated or original. You may need to budget for knob-and-tube wiring replacement, lead pipes, asbestos in older finishes, and a roof that’s been replaced (or not). The citywide data shows most comparable homes were built around 1966, so this property is significantly older than average. A thorough home inspection is essential, and expect that some systems may need upgrading sooner than in a newer build.

3. Why is the land area relatively small, and does it matter?
The lot is 2,597 sqft, which is smaller than the average on the street (3,729 sqft) and in the neighbourhood (3,269 sqft). In older city neighbourhoods like Weston, many homes were built on narrower or shorter lots. This matters if you want a large backyard, space for a garage or shed, or if you’re thinking about future additions. It may also affect resale if buyers in your price range typically look for more land.

4. How does this property compare to others in Weston?
Within Weston, the home’s living area and assessed value are close to average—ranking in the top 43–44% for both. The main differentiators are its age (older than 94% of neighbourhood properties) and its land area (slightly below average). So it’s not an outlier in size or value locally, but it stands out for its historical character—or, depending on your perspective, its dated infrastructure.

5. What’s the neighbourhood like, and should I visit before making an offer?
Weston is an established central Winnipeg neighbourhood with a mix of older homes, local shops, and proximity to the Red River. The data gives you a snapshot of physical attributes, but it can’t tell you about noise levels, nearby amenities, school catchments, flood history, or the condition of neighbouring properties. A visit will also reveal things like street parking availability, traffic patterns, and how well the home sits on its lot—details that matter a lot in an older area.

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