530 Oakenwald Avenue

Wildwood, Winnipeg

Property score

68.3

Good

Overall 68.3 · Smaller but newer than most nearby homes

1,152 sqft (bottom 24%) · Built in 1947 (3 yrs older than avg)

Located in a high-income area with median household income of ~128k

Transit 64.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Above average

3 yrs older than neighborhood avg.

Mother tongue

English · 89%French · 2%

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

Sold Count

91

Median price

598.2k

$/sqft

$381/sqft

Avg build year

1950

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Property score

68.3 is composed by the two sections below.

Property Score

53.0Fair
Living Area60
1,152 sqftFair
Year Built30
1947Low
Lot Size67
5,044 sqftGood
Neighbourhood Sales Activity19
Low

Community Score

91.2Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Wildwood

How to read: Share of sales in each ~$50k price band for “wildwood” (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: #46110465

Community deep dive

$128K

Median household income

$268K

Average household income

9%

Low income (LIM-AT)

0.5

Income inequality (Gini)

8.0

P90 / P10 ratio

30%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)423
Labour force participation rate74%
Median age48.0
Avg household size2.4
Unemployment rate6%
Population density863 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children30%
Median household income (2020)$128K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)2%
Visible minority6%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,152 sqft
0255075100
Same streetBottom 40%Same areaBottom 24%CitywideBottom 45%
Same street · Oakenwald Avenue
#68 / 113
Bottom 40% · Avg 1,283 sqft
Same area · Wildwood
#288 / 377
Bottom 24% · Avg 1,657 sqft
Citywide · Winnipeg
#106,322 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
384k
0255075100
Same streetTop 42%Same areaBottom 10%CitywideTop 43%
Same street · Oakenwald Avenue
#47 / 113
Top 42% · Avg 380.4k
Same area · Wildwood
#339 / 377
Bottom 10% · Avg 568.2k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
1947
0255075100
Same streetBottom 33%Same areaTop 19%CitywideBottom 24%

Lot Size

around average
5,044 sqft
0255075100
Same streetBottom 36%Same areaBottom 5%CitywideBottom 46%

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

530 Oakenwald Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 325 m), 2 parks (nearest 146 m).

Search radius
🏫Education1
🌳Parks2
Worship1

Crime & Safety

Wildwood · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

100%

Sales History

Sold 7/2021CA$400k–450k
Sold price

Same street

Top 13%

Same area

Bottom 43%

City-wide

Top 29%
Sold 3/2018CA$300k–350k
Sold price

Same street

Bottom 47%

Same area

Bottom 10%

City-wide

Bottom 44%

Related homes

Highlights & common questions: 530 Oakenwald Avenue, Winnipeg

530 Oakenwald Avenue – Property Summary

Key Characteristics & Ideal Buyer Profile

This 1,152 sqft home, built in 1947, sits on a 5,044 sqft lot in Winnipeg’s Wildwood neighbourhood. Its assessed value is $384,000. What stands out here is not the property itself but how it compares to its surroundings.

On its own street, the home is around average for living area, assessed value, and year built. But the neighbourhood context tells a different story: the lot is notably smaller than most in Wildwood (ranking in the bottom 5%), and the assessed value is well below the neighbourhood average of $568,200. This gap suggests the home is priced more like a citywide starter than a premium Wildwood property. Citywide, it sits close to the median on most metrics.

The home’s appeal is twofold. First, it offers a foothold in an established neighbourhood where the average home is significantly more expensive—without paying the full premium. Second, being built in 1947 means it has age and character, but it’s not the oldest on the street. Buyers who value location over square footage, or who are willing to invest in updates, may find this a practical entry point.

This property suits first-time buyers seeking a solid, average-sized home in a desirable area without overextending; investors or flippers looking for a below-neighbourhood-average value play in Wildwood; and downsizers who prioritize neighbourhood quality over lot size or living area. It would be less suitable for buyers seeking a move-in-ready home with modern finishes or a large yard.


Frequently Asked Questions

1. Why is the assessed value so far below the neighbourhood average?
The Wildwood neighbourhood average of $568,200 skews higher because it includes many larger, newer, or more renovated homes. This property’s $384,000 assessment reflects its smaller lot size (5,044 sqft vs. the neighbourhood average of 9,032 sqft) and its older construction. It’s priced more in line with citywide averages than with its immediate neighbours.

2. How does the 1,152 sqft living area actually feel day-to-day?
It’s slightly below the citywide average of 1,342 sqft. For context, this is a comfortable size for a couple or small family, but the layout of a 1947 home may include smaller rooms, less open space, and limited storage compared to modern builds. Worth viewing in person to assess flow.

3. Is the lot size a dealbreaker for this area?
It depends on your expectations. The lot is smaller than 95% of properties in Wildwood, so if you want a large yard, garden space, or room for an addition, this may not work. But many homes on Oakenwald Avenue itself have similar lots, so it’s not out of character for the immediate street.

4. What are the risks of buying a 1947 home in this price range?
Typical older-home considerations apply: original wiring, plumbing, insulation, and foundation should be inspected. The property’s lower assessed value relative to the neighbourhood could also indicate deferred maintenance. On the positive side, the home’s age is average for the street, so you’re not buying the oldest fixer-upper in the area.

5. How does this property compare to others in its price bracket citywide?
Citywide, the home ranks in the top 43% for assessed value, meaning it’s slightly above the median for Winnipeg. You’re likely getting less square footage and land than the citywide average, but you’re buying into a neighbourhood with higher baseline values. The trade-off is location over space.