497 Tremblay Street

Archwood, Winnipeg

Property score

77.3

Good

Overall 77.3 · Larger and newer than most nearby homes

1,777 sqft (top 2%) · Built in 2024 (78 yrs newer than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 school, 1 shop, and 3 parks nearby

Living Area

Above average

99% larger than neighborhood avg.

Year Built

Above average

78 yrs newer than neighborhood avg.

Mother tongue

English · 73%French · 14%

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

Sold Count

153

Median price

240k

$/sqft

$333/sqft

Avg build year

1946

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Property score

77.3 is composed by the two sections below.

Property Score

79.7Good
Living Area86
1,777 sqftExcellent
Year Built100
2024Excellent
Lot Size38
3,300 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

73.6Good
Household Income75
Good
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

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.

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: #46110539

Community deep dive

$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

Population, labour & age

Population (2021)713
Labour force participation rate71%
Median age39.2
Avg household size2.0
Unemployment rate9%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households38%
Couple families with children15%
Median household income (2020)$77K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority19%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 13%

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

Rankings

Living Area

Elite
1,777 sqft
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 18%
Same street · Tremblay Street
#2 / 66
Top 3% · Avg 868 sqft
Same area · Archwood
#7 / 369
Top 2% · Avg 892 sqft
Citywide · Winnipeg
#35,104 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

Elite
622k
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 7%
Same street · Tremblay Street
#1 / 66
Top 2% · Avg 275.5k
Same area · Archwood
#2 / 369
Top 1% · Avg 276.3k
Citywide · Winnipeg
#12,760 / 194,458
Top 7% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 1%

Lot Size

around average
3,300 sqft
0255075100
Same streetBottom 44%Same areaBottom 33%CitywideBottom 17%

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

497 Tremblay Street — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 431 m), 1 education (nearest 375 m), 1 shopping (nearest 421 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping1
🌳Parks3
💪Sports1
Worship2

Crime & Safety

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%

Sales History

497 Tremblay Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 497 Tremblay Street, Winnipeg

Property Summary: 497 Tremblay Street, Winnipeg

Key Characteristics & Appeal

This two-storey home in Archwood is a notably modern property in an established neighbourhood. Built just two years ago in 2024, it stands out for its new construction, ranking among the newest homes not just on its street but across all of Winnipeg. With 1,777 sqft of living space, it offers generous room for a family and is significantly larger than most nearby properties. The home sits on a 3,300 sqft lot and features a renovated basement.

Its primary appeal lies in the balance of a modern, low-maintenance home within a mature community. Buyers gain the benefits of new building standards, systems, and finishes without sacrificing the character and established greenery of the Archwood area. The property’s assessed value is in the top tier for the city, suggesting a solid investment in a desirable location.

This home would best suit buyers looking for a move-in-ready, contemporary family home who prefer established neighbourhoods over new subdivisions. It’s ideal for those wanting to avoid the immediate renovations often required with older character homes, while still enjoying a settled community feel. A thoughtful perspective is that this property offers a rare "best of both worlds" scenario in Winnipeg’s core: minimal inherited maintenance issues paired with the stability and mature landscape of an older area.


Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. A buyer should inquire whether it is a fully developed living space, the quality of the finishes, and if it includes legal egress windows or a separate entrance.

2. How does the lack of a garage affect daily living and resale?
The property has no garage. Buyers should consider on-street parking logistics, winter vehicle management, and potential for adding a garage or carport in the future, subject to local bylaws.

3. The assessed value seems low for a new, large home. Why is that?
Municipal assessed value for taxation purposes is often significantly lower than current market value. It should not be used as a direct price indicator. The listing shows this home’s assessment is in the top 6% for Winnipeg, confirming it is valued highly relative to other properties.

4. What are the immediate neighbours like?
The proximity of five other homes on Tremblay Street within 30 meters suggests a closely built streetscape typical of established neighbourhoods. Viewing the property in person to assess the condition and style of adjacent homes is recommended.

5. As a new build in an old area, are there any potential concerns?
While the structure is new, it’s wise to verify builder reputation and any remaining warranty coverage. Also, check if the home’ modern design and scale are consistent with neighbourhood character, as this can sometimes affect future streetscape appeal.