585 Deniset Street

Archwood, Winnipeg

Property score

58.5

Fair

Overall 58.5 · Larger but older than most nearby homes

1,128 sqft (top 13%) · Built in 1929 (17 yrs older than avg)

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

Transit 80.0 · 2-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

27% larger than neighborhood avg.

Year Built

Below average

17 yrs older 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

58.5 is composed by the two sections below.

Property Score

48.1Low
Living Area60
1,128 sqftFair
Year Built20
1929Low
Lot Size38
3,297 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

above average
1,128 sqft
0255075100
Same streetTop 15%Same areaTop 13%CitywideBottom 43%
Same street · Deniset Street
#8 / 54
Top 15% · Avg 904 sqft
Same area · Archwood
#47 / 369
Top 13% · Avg 892 sqft
Citywide · Winnipeg
#111,445 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

Elite
473k
0255075100
Same streetTop 7%Same areaTop 3%CitywideTop 24%
Same street · Deniset Street
#4 / 54
Top 7% · Avg 291k
Same area · Archwood
#10 / 369
Top 3% · Avg 276.3k
Citywide · Winnipeg
#47,341 / 194,458
Top 24% · Avg 390.1k

Year Built

around average
1929
0255075100
Same streetBottom 44%Same areaBottom 18%CitywideBottom 17%

Lot Size

below average
3,297 sqft
0255075100
Same streetBottom 7%Same areaBottom 3%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

585 Deniset Street — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 268 m), 1 education (nearest 420 m), 1 shopping (nearest 215 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 4/2021CA$400k–450k
Sold price

Same street

Top 13%

Same area

Top 3%

City-wide

Top 27%
Sold 6/2017CA$150k–200k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 585 Deniset Street, Winnipeg

Property Overview: 585 Deniset Street, Winnipeg

Key Characteristics & Appeal

This 1929 one-storey home in Archwood presents a compelling blend of established neighbourhood charm and modern updates. Its primary appeal lies in its generous 3,297 sqft lot, which ranks in the top 3% of the neighbourhood, offering significant outdoor space rarely found in newer developments. The home itself features a renovated basement, adding valuable finished living space to the 1,128 sqft footprint.

The property’s standout feature is its exceptional value positioning. With a current assessed value of $47.3k ranking in the top 3% of Archwood, it demonstrates strong and rapid appreciation, having sold for $42.9k in 2021 and just $15.6k in 2017. This trajectory suggests a well-regarded location within the street and area. The home suits first-time buyers seeking a character home with a large yard, or value-focused investors attracted by the solid equity growth and the upside potential of a main-floor living layout. It’s a practical choice for those who prioritize land size and location over a modern build, with the renovated basement being a key functional upgrade.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or rooms. A viewing or inquiry with the listing agent is necessary to determine if it includes a legal suite, additional bedrooms, or a recreational space.

2. There is no garage. What are the parking options?
The property has no garage. Buyers should assess on-site driveway space or street parking availability during a visit, as this is common for homes of this era.

3. The assessed value is much lower than typical sale prices. Why?
Municipal assessed values in Manitoba are often significantly below market value and are used for tax calculation, not setting sale price. The consistent ranking (top 3% in the neighbourhood) is more important, indicating the city views this property as a high-value asset relative to its peers.

4. How does the 97-year-old age affect the home?
While the 1929 build offers character, it necessitates a thorough inspection. Key focus areas should include the foundation, roof, plumbing, electrical systems, and the quality/permits of the basement renovation to understand future maintenance needs.

5. The lot is large, but is the home itself a good size?
The living area (1,128 sqft) is modest and ranks in the top 15% of the street, meaning homes on Deniset are generally cozy. The renovated basement effectively expands the usable space, making the overall package more competitive than the main floor square footage alone suggests.