Property score
70.4
Good
Overall 70.4 · Larger and newer than most nearby homes
1,745 sqft (top 3%) · Built in 1948 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 3 parks, and 1 place of worship nearby
Living Area
Above average
96% larger than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 72%French · 12%
Past 10 years Archwood sales snapshot (~80% of all data)
153
240k
$333/sqft
1946
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70.4 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: #46110538
$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
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
559 Gareau Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 481 m), 1 education (nearest 353 m), 3 parks (nearest 242 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 14% | Top 10% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 559 Gareau Street, Winnipeg
Key Characteristics & Appeal
This 1948 two-storey home in Archwood presents a compelling blend of established character and above-average space. Its primary appeal lies in its generous proportions, both in its 1,745 sqft living area and its 4,251 sqft lot, which rank in the top tier for its street and neighbourhood. The home features a renovated basement and a detached garage. The data suggests a property that stands out locally for its size and perceived value, with an assessed value significantly higher than many immediate and area comparables.
Its appeal is grounded in offering more house and land than is typical for the area, suiting buyers looking for room to grow or who prioritize space over a newer build. It would particularly suit a practical buyer who values a home with a strong footprint in a mature neighbourhood, is comfortable with the maintenance considerations of a 78-year-old home, and sees potential in a property that already shows well in comparative metrics. A less obvious perspective is that its high rankings for size and value on its street indicate it may be a cornerstone property on the block, offering a sense of established presence and stability.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify, as it could range from modern living space to updated utilities and storage.
2. How does the 2019 sale price compare to the current asking price?
The home sold for $32.5k in 2019 and now carries an assessed value of $39.5k. This notable increase in assessed value over a short period is a central point of inquiry to understand the basis for the valuation and any improvements made.
3. The home is older—what should I consider regarding maintenance?
Built in 1948, major systems like roof, plumbing, electrical, and insulation should be carefully evaluated. Its age, however, is newer than many area homes, as it ranks in the top 17% of the neighbourhood for year built.
4. The assessed value seems high for the area. Why?
The home's assessed value ranks in the top 4% of Archwood. This is likely directly tied to its significantly larger living area and lot size compared to neighbourhood averages, as shown in the comparable listings.
5. What is the neighbourhood and street like?
Located in Archwood, the property sits on a street where this home ranks in the top 14% for lot size and top 2% for living area, suggesting it is among the larger, more substantial homes on the block. Reviewing the nearby properties list provides the specific addresses of immediate neighbours for further research.
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