Property score
40.8
Below average
Overall 40.8 · Smaller than most nearby homes
576 sqft (bottom 6%) · Built in 1944 (2 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 school, 1 shop, and 3 parks nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 73%French · 14%
Past 10 years Archwood sales snapshot (~80% of all data)
153
240k
$333/sqft
1946
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40.8 is composed by the two sections below.
Property Score
Community Score
Archwood
How to read: Share of sales in each ~$50k price band for “archwood” (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: #46110539
$77K
Median household income
$87K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
38%
Single-person households
15%
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
494 Tremblay Street — 10 amenities found within 500 m, across 6 categories, including 3 dining (nearest 462 m), 1 education (nearest 383 m), 1 shopping (nearest 447 m).
Archwood · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 1% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1944-built, one-storey home in Archwood presents a compact, no-frills living space of 576 square feet on a generous, nearly 3,900 sqft lot. Its primary appeal lies in its foundational potential. The home itself is modest and unrenovated, including the basement, making it a clear candidate for a full-scale renovation or a future rebuild. The significant lot size, which ranks in the top quarter for Winnipeg, is the standout feature, offering ample outdoor space and long-term possibilities that are rare for the price point.
It would best suit a specific type of buyer: a handy investor or homeowner looking for a value-entry into the neighbourhood with the vision, budget, and patience for a major project. It’s a property bought for its land and shell, not for move-in-ready condition. A less obvious perspective is its potential appeal to multi-generational families planning a future custom build, as the lot could accommodate a more substantial dwelling. Given its size and condition, it is not well-suited for those seeking a turnkey home or who cannot undertake significant renovations.
Frequently Asked Questions
1. Is this a teardown property?
While not explicitly marketed as such, the home's very small size, unrenovated state, and age suggest it is primarily valued for its land. A full renovation is feasible, but many buyers will consider the cost and effort relative to starting anew.
2. What does the "top %" ranking mean for the lot size?
The lot is 3,898 sqft, which is larger than 76% of all residential lots in Winnipeg. This means you are getting a notably larger-than-average parcel of land for the city, which is a key asset of this property.
3. The assessed value seems low. Why?
The assessed value of $21,400 is for municipal tax purposes and reflects the property's current state and use. It is not a market valuation. The price is set by the seller based on market conditions, with the lot's development potential being a major factor.
4. Who is responsible for verifying redevelopment potential?
The buyer. It is crucial to conduct independent due diligence with the City of Winnipeg regarding zoning bylaws, setback requirements, heritage designations (if any), and permits needed for any major renovation or new construction.
5. The last sale was in 2017 for $15,500. What does that indicate?
That sale price, significantly below the current assessed value, confirms the property has been a long-term investment or held for its land value. It underscores the consistent perception of the property as a development opportunity rather than a conventional home.
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