Property score
42.6
Below average
Overall 42.6 · Smaller than most nearby homes
676 sqft (bottom 16%) · Built in 1940 (6 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 80.0 · 2-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
24% smaller than neighborhood avg.
Year Built
Below average
6 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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Property score
42.6 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
above averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
542 Prosper Street — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 238 m), 1 shopping (nearest 243 m), 2 parks (nearest 113 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 20% | Top 14% | Bottom 42% |
542 Prosper Street · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 542 Prosper Street, Winnipeg
Property Overview & Key Characteristics
This 1940s one-storey home in Archwood presents a compact, efficient living space on a generously sized lot. Its primary appeal lies in the combination of a renovated basement and a detached garage, offering immediate utility and potential for expansion or workshop use. The lot size is a significant asset, ranking in the top 87% on its street, providing valuable outdoor space uncommon for the home's footprint.
The property would suit first-time buyers or downsizers seeking a manageable, single-level layout with modernized basics. It also appeals to value-oriented investors or hands-on buyers who see potential in the substantial lot and the ability to further customize the already updated basement. A less obvious perspective is its appeal to those prioritizing a lower annual property tax burden, as the assessed value is modest relative to the sold price, suggesting room for tax assessment to catch up to market value over time.
Frequently Asked Questions
1. Is the house too small at 676 sq ft?
While the main living area is compact, the renovated basement effectively doubles the usable space, making it more functional than the square footage suggests. It's a layout that encourages efficient living.
2. How does the recent sale price compare to the assessed value?
The home sold for $31,300k in late 2024, which is notably higher than its $25.30k assessed value. This is common and indicates the market valued the home's condition, lot size, and updates beyond the city's assessment for tax purposes.
3. What does the lot size mean for me?
At 3,299 sq ft, the lot is well above average for the area. This provides ample yard space, better privacy from neighbours, and long-term potential for additions, a large garden, or outdoor living areas.
4. The home is 86 years old. What should I be concerned about?
While the renovated basement is a plus, a professional inspection is crucial to review the core structure, foundation, roof, and major systems (plumbing, electrical) for an older home. The detached garage is also likely original.
5. How does this location rank for investment or resale?
The rankings show a mix: the lot size and recent sale price rank highly in the neighbourhood and city, suggesting strong underlying value. The living area size is smaller than most, which may appeal to a specific buyer segment when reselling.