536 Prosper Street

Archwood, Winnipeg

Property score

42.3

Below average

Overall 42.3 · Smaller and older than most nearby homes

624 sqft (bottom 9%) · Built in 1939 (7 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, 2 parks, and 1 sports facility nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

7 yrs older 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

42.3 is composed by the two sections below.

Property Score

21.5Low
Living Area624 sqft15Low
Year Built193922Low
Lot Size3,298 sqft38Low
Neighbourhood Sales Activity48Low

Community Score

73.6Good
Household Income75Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

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

below average
624 sqft
0255075100
Same streetBottom 4%Same areaBottom 9%CitywideBottom 1%
Same street · Prosper Street
#22 / 23
Bottom 4% · Avg 845 sqft
Same area · Archwood
#335 / 369
Bottom 9% · Avg 892 sqft
Citywide · Winnipeg
#192,026 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

around average
245k
0255075100
Same streetTop 48%Same areaBottom 27%CitywideBottom 16%
Same street · Prosper Street
#11 / 23
Top 48% · Avg 253.1k
Same area · Archwood
#270 / 369
Bottom 27% · Avg 276.3k
Citywide · Winnipeg
#163,299 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1939
0255075100
Same streetTop 35%Same areaBottom 30%CitywideBottom 19%

Lot Size

around average
3,298 sqft
0255075100
Same streetTop 35%Same areaBottom 15%CitywideBottom 16%

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

536 Prosper Street — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 258 m), 1 shopping (nearest 263 m), 2 parks (nearest 101 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks2
💪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

Sold 11/2023CA$200k–250k
Sold price

Same street

Top 50%

Same area

Bottom 33%

City-wide

Bottom 18%
Sold 9/2016CA$200k–250k
Sold price

Same street

Bottom 30%

Same area

Bottom 17%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 536 Prosper Street, Winnipeg

Property Overview

This 1939 one-storey home on a generous 3,298 sqft lot in Archwood presents a specific and compelling opportunity. Its key appeal lies in the combination of a renovated basement, a detached garage, and a lot size that ranks in the top 15% of the neighbourhood. The living space is compact at 624 sqft, which is notably smaller than most in the area, suggesting a home focused on efficiency or one where the finished basement significantly adds to the usable space. The consistent increase in sold price over recent years indicates a steady trajectory in a sought-after location.

This property would suit a first-time buyer looking for a manageable footprint in a mature neighbourhood, an investor seeking a home with rental potential (particularly with a separate basement suite, if legally conforming), or a downsizer wanting a low-maintenance yard and the character of an established area. It’s less suited for those requiring substantial above-ground living space without plans to expand.

Frequently Asked Questions

1. Is the home’s smaller living area a concern?
While the 624 sqft main floor is compact, the presence of a renovated basement substantially increases the total usable living space. This layout can be very efficient and may appeal to those seeking a cozy, low-maintenance home.

2. What does the lot size ranking mean for me?
The lot ranks in the top 15% of the neighbourhood for size, meaning you have more outdoor space than most homes in Archwood. This is a valuable asset for gardening, entertaining, or future expansion, and is often a key driver of value in mature areas.

3. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The recent sold price from late 2023 ($231,000) is a more current and direct indicator of market value, showing a healthy increase from its previous sale.

4. The home was built in 1939. What should I be aware of?
While the basement has been renovated, a home of this age may have original components like wiring, plumbing, or windows that could require attention. A thorough inspection is essential to understand the condition of these older systems alongside the newer renovations.

5. How does this property compare to others in the area?
The data shows this home sits on a larger-than-average lot but has a smaller-than-average main floor living area. This unique combination differentiates it from typical listings, offering more outdoor space at the potential trade-off of indoor space, unless the basement is fully developed.

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