Property score
48.9
Below average
Overall 48.9 · Older than most nearby homes
874 sqft (bottom 45%) · Built in 1925 (21 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 3 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Below average
21 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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48.9 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
509 Tremblay Street — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 394 m), 1 education (nearest 414 m), 1 shopping (nearest 382 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 | Top 10% | Top 11% | Bottom 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Top 45% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
509 Tremblay Street is a well-situated, century-old one-storey home in Winnipeg's Archwood neighbourhood. Its primary appeal lies in the combination of a generous, mature lot and a recently renovated basement, offering a solid foundation in a stable area. The home suits first-time buyers looking for an entry point into the market, practical downsizers seeking a manageable footprint, or investors interested in a character property with land value.
Key Characteristics & Appeal
The standout feature of this property is its 3,650 sqft lot, which is larger than most in the city and on its street. This provides valuable outdoor space and future potential. The home itself is compact at 874 sqft, emphasizing a low-maintenance lifestyle. A key update is the renovated basement, which adds functional living space. While the house is older (built 1925), its recent sale history shows significant market appreciation, jumping from $25,500 in 2020 to $320,000 in 2024. This indicates strong demand for the location and lot. The property lacks a garage, which is a trade-off for the lot size.
Its appeal is grounded in value and potential rather than luxury. It suits buyers who prioritize land over square footage, who see value in a renovated basement for extra living or rental income, and who are comfortable with the character and upkeep of an older home. A thoughtful perspective is that this property represents a "blank canvas" opportunity—the large lot is an asset for future expansion, gardening, or outdoor living, which can't be replicated in newer, denser subdivisions.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 21% in Winnipeg") actually mean?
This data compares specific metrics (like lot size or year built) against other properties in the stated area. For example, the lot size ranks in the top 21% in Winnipeg, meaning it's larger than 79% of city lots. It's a useful tool for understanding how this property's raw features compare geographically.
2. The assessed value is much lower than the recent sale price. Why?
Municipal assessed value for taxation purposes often lags behind the current market and is calculated using a different methodology. The July 2024 sale price of $320,000 is the true indicator of its current market value.
3. Is the lack of a garage a significant drawback?
This depends on the buyer's needs. The large lot does offer space to potentially add a garage or shed in the future. For some, the trade-off of a bigger yard for less built storage is acceptable, especially in a neighbourhood where on-street parking is typical.
4. What is the neighbourhood (Archwood) like?
Archwood is a mature, established neighbourhood in Winnipeg. The property rankings show it sits in a mixed context—some metrics are above average for the street or area, others are mid-range. It's advisable to visit at different times to get a feel for the community.
5. How significant is the renovated basement?
A renovated basement in a 1925 home is a major functional upgrade. It effectively adds usable living space, which is valuable in a smaller main-floor footprint. Ensure to check the quality of the renovation, permits, and moisture control, as basements in older homes can be prone to dampness.
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