505 Deniset Street

Archwood, Winnipeg

Property score

80.5

Excellent

Overall 80.5 · Larger and newer than most nearby homes

2,250 sqft (top 1%) · Built in 2016 (70 yrs newer 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: 2 dining spots, 1 school, 1 shop, and 3 parks nearby

Living Area

Above average

152% larger than neighborhood avg.

Year Built

Above average

70 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

80.5 is composed by the two sections below.

Property Score

85.1Excellent
Living Area96
2,250 sqftExcellent
Year Built97
2016Excellent
Lot Size38
3,301 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
2,250 sqft
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 6%
Same street · Deniset Street
#1 / 54
Top 2% · Avg 904 sqft
Same area · Archwood
#1 / 369
Top 1% · Avg 892 sqft
Citywide · Winnipeg
#11,113 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
543k
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 14%
Same street · Deniset Street
#1 / 54
Top 2% · Avg 291k
Same area · Archwood
#5 / 369
Top 1% · Avg 276.3k
Citywide · Winnipeg
#26,381 / 194,458
Top 14% · Avg 390.1k

Year Built

Elite
2016
0255075100
Same streetTop 4%Same areaTop 3%CitywideTop 6%

Lot Size

above average
3,301 sqft
0255075100
Same streetTop 20%Same areaBottom 35%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

505 Deniset Street — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 457 m), 1 education (nearest 425 m), 1 shopping (nearest 436 m).

Search radius
🍽️Dining2
🏫Education1
🛒Shopping1
🌳Parks3
💪Sports1
Worship1

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

Sold 10/2016CA$450k–500k
Sold price

Same street

Top 6%

Same area

Top 1%

City-wide

Top 17%

Related homes

Highlights & common questions: 505 Deniset Street, Winnipeg

Property Overview

505 Deniset Street is a modern, two-storey home built in 2016, offering a rare combination of new construction and above-average space in Winnipeg's Archwood neighbourhood. Its primary appeal lies in its standout metrics compared to local peers: it ranks in the top 2% of its street for living area (2,250 sq ft) and sits on a lot larger than 80% of its neighbours. As a home less than a decade old, it requires minimal immediate upkeep, a significant advantage in an area with many older properties.

This home is ideally suited for buyers seeking a move-in ready, spacious family home without venturing into newer suburban developments. It offers the established community feel of Archwood with the modern floor plans and systems of a recent build. The data suggests it’s a high-performing property within its context, likely appealing to value-conscious buyers who appreciate a home that stands out in its category for size and newness without carrying a premium price tag for a fully custom build.


Frequently Asked Questions

1. What does the "rank" data actually mean for a potential buyer?
The percentile rankings show how this property compares to others on its street, in Archwood, and across Winnipeg. For example, ranking in the top 2% for living area on its street means it is larger than 98% of nearby homes. This quantifies its relative advantages in space, modernity, and value.

2. The assessed value seems low compared to the last sale price. Why is that?
Municipal assessed value for tax purposes is not intended to reflect current market value. The 2016 sale price of $490k is a historical market data point. The assessment is typically lower and should not be used alone to determine an offer price; a current market evaluation is essential.

3. There's no garage listed. Is there alternative parking?
The listing specifies "Garage: None." Buyers should inquire about the driveway situation (e.g., paved, size) and any potential for adding a garage in the future, subject to local bylaws.

4. The home is newer, but what about the neighbourhood's overall character?
Archwood features a mix of eras, from mid-century to new builds like this one. While 505 Deniset is among the newest, the area has mature trees and an established feel. The nearby property references show a range of styles and ages, indicating a diverse, evolving streetscape.

5. How significant is it that this home has no basement?
This is a key feature to clarify. Some buyers may see this as a downside for storage or utility space. For others, it eliminates concerns about basement moisture, flooding, or renovation costs, which can be common in older Winnipeg homes. Understanding the home's layout and storage solutions will be important.