Property score
38.5
Below average
Overall 38.5 · Smaller and older than most nearby homes
444 sqft (bottom 1%) · Built in 1923 (23 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 3 parks nearby
Living Area
Below average
50% smaller than neighborhood avg.
Year Built
Below average
23 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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38.5 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
505 Tremblay Street — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 413 m), 1 education (nearest 394 m), 1 shopping (nearest 402 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 15% | Bottom 10% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This is a compact, century-old home in Winnipeg's Archwood neighbourhood, built in 1923. Its key appeal lies in its very low price point and a larger-than-average lot of 3,300 sqft, offering significant land value in a mature, established area. The house itself is quite small at 444 sqft of living space, with an unrenovated basement and a detached garage. Its recent sale price and assessed value are among the lowest in the city, indicating it is a true entry-level or investment property rather than a move-in-ready home.
The property would suit a specific type of buyer: a hands-on investor looking for a hold-and-rent opportunity, a contractor seeking a land-value play with a teardown or extensive rebuild in mind, or an extremely budget-conscious first-time buyer willing to live minimally while planning gradual renovations. Its charm is not in its current condition but in its underlying potential and location within a solid, mid-ranked city neighbourhood.
Frequently Asked Questions
1. Why is the living area so small compared to the lot size?
Homes of this era, especially modest starter houses, were often built with smaller footprints. The large lot was common for the time and now represents the property's most valuable asset, offering potential for expansion, gardening, or future redevelopment.
2. What does "Top 0% in same street" for Living Area mean?
This statistic means that, among the 66 properties on its street with data, this home has the smallest amount of living space. It clearly highlights the compact nature of the existing structure.
3. Is the unrenovated basement finished or usable?
The listing states the basement is "not renovated," which typically means it is unfinished (likely concrete floors and exposed walls/ceilings). It may be used for storage or utilities but is not conditioned living space.
4. Given its age and size, what are the major considerations?
Prospective buyers should prioritize a thorough inspection for foundational integrity, wiring, plumbing, and insulation. At this price point, major systems are likely original or very dated, so budgeting for significant updates is essential. The value is in the land and location, not the building.
5. How does the assessed value compare to the recent sale price?
The property sold for $18.70k in March 2024, which is very close to its $18.50k assessed value. This alignment suggests the market views it primarily for its land and location value, with the existing structure contributing minimal worth.
