Property score
50.9
Fair
Overall 50.9 · Newer than most nearby homes
888 sqft (top 44%) · Built in 1948 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Living Area
Near average
0% smaller 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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50.9 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
581 Guilbault Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 255 m), 3 parks (nearest 327 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 17% | Top 17% | Bottom 37% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 23% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 1.5-storey home in Archwood, built in 1948, sits on a notably spacious lot of over 4,100 sqft. Its key characteristics include a renovated basement and a living area of 888 sqft. The home’s appeal lies in its established neighbourhood setting and the value derived from its larger-than-average lot, which offers potential for outdoor space or future expansion. It ranks highly for lot size and relative newness compared to many Winnipeg homes. Recent sale history shows significant value growth between 2020 and 2021.
This property would suit a first-time buyer or downsizer looking for a manageable footprint with a renovated basement for extra living space. It’s also a practical option for a value-focused buyer who prioritizes land size over a large interior, seeing the lot as a long-term asset. The lack of a garage suggests it may appeal to those comfortable with street parking or considering adding a structure later.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to determine if it’s a finished living space, a modernized utility area, or includes legal secondary suite potential.
2. How does the lack of a garage impact daily life and value?
The property has no garage, so parking is limited to the driveway or street. This is a common feature in older neighbourhoods and is reflected in the price. Buyers should consider their vehicle storage needs and winter climate preparedness.
3. The assessed value is $28.20k, but it sold for $29.50k in 2021. Why is this?
Municipal assessed value for taxation purposes often lags behind current market value. The 2021 sale price is likely closer to its market value at that time, and the assessment is an administrative figure not intended to represent a sale price.
4. The lot is large, but are there any restrictions on its use?
While the lot size is a standout feature, any plans for additions, decks, or outbuildings would require checking City of Winnipeg zoning bylaws and obtaining the necessary permits to ensure compliance.
5. The home is older. What should I know about potential maintenance?
Built in 1948, major systems like the roof, plumbing, electrical, and foundation should be carefully inspected. The renovated basement is a positive, but it’s wise to understand the scope and quality of those renovations and ensure they addressed any underlying moisture or structural issues common in homes of this era.
