572 Prosper Street

Archwood, Winnipeg

Property score

62.3

Fair

Overall 62.3 · Larger but older than most nearby homes

1,310 sqft (top 6%) · Built in 1921 (25 yrs older than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, 2 parks, and 1 sports facility nearby

Living Area

Above average

47% larger than neighborhood avg.

Year Built

Below average

25 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

62.3 is composed by the two sections below.

Property Score

54.7Fair
Living Area71
1,310 sqftGood
Year Built20
1921Low
Lot Size38
3,298 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

73.6Good
Household Income75
Good
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health76
Good

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

Elite
1,310 sqft
0255075100
Same streetTop 4%Same areaTop 6%CitywideTop 41%
Same street · Prosper Street
#1 / 23
Top 4% · Avg 845 sqft
Same area · Archwood
#23 / 369
Top 6% · Avg 892 sqft
Citywide · Winnipeg
#79,778 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
258k
0255075100
Same streetTop 35%Same areaBottom 42%CitywideBottom 19%
Same street · Prosper Street
#8 / 23
Top 35% · Avg 253.1k
Same area · Archwood
#213 / 369
Bottom 42% · Avg 276.3k
Citywide · Winnipeg
#157,493 / 194,458
Bottom 19% · Avg 390.1k

Year Built

below average
1921
0255075100
Same streetBottom 22%Same areaBottom 3%CitywideBottom 13%

Lot Size

around average
3,298 sqft
0255075100
Same streetTop 35%Same areaBottom 15%CitywideBottom 16%

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

572 Prosper Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 123 m), 1 shopping (nearest 122 m), 2 parks (nearest 211 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks2
💪Sports1
Worship3

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

572 Prosper Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 572 Prosper Street, Winnipeg

Property Overview

Key Characteristics & Buyer Profile

This 1,310-square-foot home on Prosper Street in Archwood (Winnipeg) stands out primarily for its living space. It ranks among the largest homes on its street—top four percent locally—and well above average for the broader Archwood area, where typical homes hover around 892 square feet. The assessed value sits near the local median at roughly $258,000, meaning it offers substantial square footage without a premium price tag. The land parcel is 3,298 square feet, again close to average for the city. The year built (1921) is notably older than most neighbouring properties, which puts it in the bottom percentile for Archwood and the bottom tier citywide.

The appeal here is straightforward: you get a relatively spacious footprint in an established neighbourhood, without paying above market rates for the privilege. The trade-off is an older structure that likely requires more maintenance and may not have modern layouts or systems. This property would suit a buyer who values interior square footage over curb appeal or land size, someone comfortable with a fixer-upper or who appreciates the character and bones of a century home. It may also appeal to those looking for a home in a denser, older part of the city where larger lots are less common. It is less suited for someone seeking a turnkey property, a large yard, or a newer build with energy-efficient standards.


Frequently Asked Questions

1. What does the "Top 41% citywide" living area ranking actually mean?
It means this home is larger than 59% of all residential properties in Winnipeg, but smaller than the top 41%. Given the citywide average is 1,342 square feet, this home is very close to that benchmark. The standout comparison is within Archwood, where it is significantly above the norm—so within its immediate area, it feels spacious.

2. Is the assessed value of $258,000 a good deal?
The value is labelled “around average” for similar homes, and it ranks in the middle of the pack locally. It is not undervalued or overvalued relative to neighbours. The deal lies not in a bargain price but in getting above-average living area for that price point. You are paying median dollars for above-median indoors.

3. How much renovation or maintenance should I expect from a 1921 home?
Significant. A home over 100 years old likely has aging electrical, plumbing, foundation, and insulation. The ranking shows it is one of the oldest homes on its street and in Archwood. Budget for upgrades to systems, windows, and possibly structural work. This is not a move-in-ready property unless recent renovations are documented.

4. How does the land size compare to other homes?
The 3,298-square-foot lot is around average for Winnipeg but smaller than many homes in Archwood (bottom 15%). If you want a large garden, garage space, or room for an addition, this lot may feel tight. It suits someone who values indoor space over outdoor.

5. Where exactly is this home relative to other properties on Prosper Street?
It ranks #1 out of 23 homes on Prosper Street for living area, and #8 out of 23 for assessed value. That means it is the largest home on the street but not the most expensive. You can view a detailed map and compare year built, living area, assessed value, and lot size with neighbouring houses through the neighbourhood analysis page linked on the original listing.