Property score
58.1
Fair
Overall 58.1 · Larger and newer than most nearby homes
1,001 sqft (top 21%) · 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, 1 shop, and 3 parks nearby
Living Area
Above average
12% 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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58.1 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
562 Cusson Street — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 428 m), 1 education (nearest 391 m), 1 shopping (nearest 380 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 20% | Top 22% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 562 Cusson Street, Winnipeg
Section 1: Overview & Appeal
This one-and-a-half storey home in Archwood presents a solid, no-frills opportunity. Built in 1948, it sits on a generously sized lot (over 4,100 sq ft) that ranks well above average for the street and city. The home itself has a modest living area of just over 1,000 sq ft and includes a basement, though it is noted as not being renovated. There is no garage or pool.
The primary appeal lies in its value as a land play or a straightforward renovation project. The lot size is a significant asset, offering potential for expansion, gardening, or simply more outdoor space than is typical. Its recent sale price of $290k, significantly above its assessed value, suggests the market recognizes this underlying potential. The home would suit a practical buyer—perhaps a first-time homeowner comfortable with gradual updates, an investor looking for a property with good lot value in a stable neighbourhood, or someone seeking a manageable footprint without the premium of a fully modernized home. Its above-average rankings for lot size and newer build year (for its area) offer a less obvious confidence in its foundational assets compared to immediate neighbours.
Section 2: Frequently Asked Questions
1. What does "not renovated" for the basement imply?
It typically means the basement remains in a largely original or utilitarian state. Buyers should budget for potential updates to flooring, lighting, and finishes, and should prioritize a thorough inspection for moisture and foundational integrity.
2. How significant is the lot size?
At over 4,100 sq ft, the lot is a key feature. It is larger than approximately 75% of lots on Cusson Street and 69% in Archwood, providing valuable outdoor space and future possibilities that are increasingly rare.
3. Why was the recent sale price so much higher than the assessed value?
Municipal assessed value is for taxation purposes and often lags behind market value. The sale price reflects what a buyer recently paid, likely factoring in the desirable lot size, neighbourhood demand, and the home's overall condition and potential.
4. Who might this property not suit?
It may not suit buyers seeking a move-in-ready home with modern finishes, those requiring garage parking, or anyone unwilling to take on a property where the basement and overall condition may require investment.
5. What can the "rankings" tell me?
These percentile rankings compare this property to others on its street, in Archwood, and across Winnipeg. They highlight that this home's lot size and newer build year (for the area) are relative strengths, while its living space is comfortably mid-range for the locale.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
