550 Tremblay Street

Archwood, Winnipeg

Property score

47.7

Below average

Overall 47.7 · Older than most nearby homes

845 sqft (bottom 42%) · Built in 1920 (26 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, 3 parks, and 1 sports facility nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

26 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

47.7 is composed by the two sections below.

Property Score

30.5Low
Living Area845 sqft32Low
Year Built192016Low
Lot Size3,302 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

around average
845 sqft
0255075100
Same streetTop 41%Same areaBottom 42%CitywideBottom 12%
Same street · Tremblay Street
#27 / 66
Top 41% · Avg 868 sqft
Same area · Archwood
#215 / 369
Bottom 42% · Avg 892 sqft
Citywide · Winnipeg
#170,419 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

around average
254k
0255075100
Same streetTop 50%Same areaBottom 37%CitywideBottom 18%
Same street · Tremblay Street
#33 / 66
Top 50% · Avg 275.5k
Same area · Archwood
#231 / 369
Bottom 37% · Avg 276.3k
Citywide · Winnipeg
#159,292 / 194,458
Bottom 18% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 3%Same areaBottom 2%CitywideBottom 13%

Lot Size

around average
3,302 sqft
0255075100
Same streetBottom 47%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

550 Tremblay Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 304 m), 1 shopping (nearest 272 m), 3 parks (nearest 281 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks3
💪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 10/2019CA$200k–250k
Sold price

Same street

Bottom 36%

Same area

Bottom 24%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 550 Tremblay Street, Winnipeg

Property Summary: 550 Tremblay Street, Archwood, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1920, presents a classic Winnipeg character property on a notably spacious 3,302 sqft lot. Its key appeal lies in its balance of established neighbourhood charm and clear potential. The home itself offers 845 sqft of living space with a detached garage and an unrenovated basement, positioning it as a solid foundation for personalization. The lot size is a significant asset, ranking within the top 35% of the Archwood neighbourhood, offering ample outdoor space uncommon for the area.

The property would best suit a hands-on buyer, an investor, or a first-time purchaser looking for an entry point into a stable neighbourhood with room to grow. Its value is grounded in the land and the structure's good bones, rather than in modern finishes. A thoughtful perspective is its relative newness compared to other homes on the street—built in 1920, it ranks in the top 3% for year built on Tremblay Street, meaning it is actually one of the newer homes in the immediate block, which can be an advantage for systems and structure. The recent 2019 sale price was significantly below the current assessed value, suggesting a market re-evaluation, making it a point of interest for value-conscious buyers.

Section 2: Frequently Asked Questions

1. What does the ranking data (Top X%) actually mean?
It compares this specific metric (like lot size or year built) against all other properties on the same street, in the neighbourhood, and across Winnipeg. For example, ranking in the top 17% in Winnipeg for lot size means the property lot is larger than 83% of all lots in the city.

2. The basement is noted as "not renovated." What should I expect?
This indicates the basement is in original or functional condition, likely lacking modern finishes. It presents potential for additional living space, storage, or utility, but any development would require investment and proper permits.

3. How does the 2019 sale price compare to now?
The home sold for $21,800 in October 2019. Its current assessed value is $25,400. This increase may reflect broader market trends, changes to the property, or a municipal assessment adjustment, and is a key point for discussion regarding current market value.

4. Is the lot size typical for Archwood?
No, it's above average. With a lot area of 3,302 sqft, it ranks in the top 35% within the Archwood neighbourhood, making the outdoor space a standout feature compared to many nearby properties.

5. Who might the "For reference" property at 555 Cusson Street be useful for?
That property, with a similar assessed value but built later (1925) and with more living area (1,056 sqft), provides a neighbourhood benchmark. It helps illustrate the trade-offs in this market segment, such as between lot size, living space, and property age.

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