555 Deniset Street

Archwood, Winnipeg

Property score

44.2

Below average

Overall 44.2 · Smaller but newer than most nearby homes

624 sqft (bottom 9%) · Built in 1951 (5 yrs newer than avg)

Located in a above-average income area with median household income of ~77k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 3 parks nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 72%French · 12%

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

44.2 is composed by the two sections below.

Property Score

24.3Low
Living Area15
624 sqftLow
Year Built36
1951Low
Lot Size38
3,299 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

74.1Good
Household Income75
Good
Education Level54
Fair
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health96
Excellent

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: #46110538

Community deep dive

$77K

Median household income

$82K

Average household income

15%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

29%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)677
Labour force participation rate84%
Median age33.6
Avg household size2.2
Unemployment rate7%
Population density2943 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households29%
Couple families with children19%
Median household income (2020)$77K

Housing

Renter households46%
Condominium dwellings0%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority28%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 71%
Mother tongue (2nd)French · 11%

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 17%Same areaBottom 9%CitywideBottom 1%
Same street · Deniset Street
#45 / 54
Bottom 17% · Avg 904 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
250k
0255075100
Same streetBottom 35%Same areaBottom 32%CitywideBottom 17%
Same street · Deniset Street
#35 / 54
Bottom 35% · Avg 291k
Same area · Archwood
#252 / 369
Bottom 32% · Avg 276.3k
Citywide · Winnipeg
#161,091 / 194,458
Bottom 17% · Avg 390.1k

Year Built

above average
1951
0255075100
Same streetTop 35%Same areaTop 15%CitywideBottom 29%

Lot Size

around average
3,299 sqft
0255075100
Same streetBottom 48%Same areaBottom 27%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

555 Deniset Street — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 314 m), 1 education (nearest 498 m), 1 shopping (nearest 275 m).

Search radius
🍽️Dining1
🏫Education1
🛒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 3/2023CA$250k–300k
Sold price

Same street

Bottom 31%

Same area

Top 49%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 555 Deniset Street, Winnipeg

Property Overview & Key Characteristics

This 1951-built, one-storey home in Archwood sits on a larger-than-average lot (3,299 sq ft) for the street and neighbourhood. Its primary appeal lies in its solid foundation and lot size, offering a clear value proposition centred on land and location rather than a move-in-ready finish. The 624 sq ft living area is compact, placing it among the smaller homes in Winnipeg, which indicates a property best suited for efficient living or with expansion potential. It features a detached garage and an unrenovated basement.

The home would suit a first-time buyer comfortable with a project, an investor looking for a stable rental property in a well-ranked area, or a downsizer seeking a manageable footprint on a desirable lot. Its strong rankings for lot size within the neighbourhood and city suggest a premium on outdoor space. A thoughtful perspective is that while the interior is modest, the property’s value is anchored by its position in the top tier of Winnipeg for lot size, offering a rare opportunity to add value through renovations or an addition where space allows.


Frequently Asked Questions

1. Is the house in move-in condition?
The listing notes an unrenovated basement, suggesting the home may require updates. It is likely a solid candidate for cosmetic renovations or a more significant project to modernize it.

2. How does the lot size compare to others?
The lot is a key feature. At 3,299 sq ft, it ranks in the top 27% for size within the Archwood neighbourhood and the top 17% city-wide, meaning the property offers more outdoor space than most comparable listings.

3. What does the assessed value tell us?
The $250k assessment aligns with the last sale price (March 2023), indicating stable, market-based valuation. It ranks in the top third for value on its street, showing it is priced consistently with the immediate area.

4. Who might this property not suit?
It may not suit buyers seeking a large, modern living space immediately, as the current living area is quite compact. Families needing multiple bedrooms or extensive finished space would likely need to factor in the cost and time of a significant renovation or addition.

5. How does the age of the home factor in?
Built in 1951, it is newer than many homes on its street (ranking in the top 65%), which can be an advantage for systems and structure. However, given its age, a thorough inspection for foundational, electrical, and plumbing updates is advisable.