587 Guilbault Street

Archwood, Winnipeg

Property score

47.3

Below average

Overall 47.3 · Newer than most nearby homes

748 sqft (bottom 33%) · Built in 1948 (2 yrs newer 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 school, 3 parks, and 1 place of worship nearby

Living Area

Below average

16% 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)

Sold Count

153

Median price

240k

$/sqft

$333/sqft

Avg build year

1946

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Property score

47.3 is composed by the two sections below.

Property Score

29.5Low
Living Area22
748 sqftLow
Year Built30
1948Low
Lot Size53
4,146 sqftFair
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

around average
748 sqft
0255075100
Same streetBottom 27%Same areaBottom 33%CitywideBottom 6%
Same street · Guilbault Street
#24 / 33
Bottom 27% · Avg 897 sqft
Same area · Archwood
#248 / 369
Bottom 33% · Avg 892 sqft
Citywide · Winnipeg
#182,396 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
311k
0255075100
Same streetTop 24%Same areaTop 17%CitywideBottom 33%
Same street · Guilbault Street
#8 / 33
Top 24% · Avg 282.1k
Same area · Archwood
#62 / 369
Top 17% · Avg 276.3k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetTop 18%Same areaTop 17%CitywideBottom 26%

Lot Size

around average
4,146 sqft
0255075100
Same streetTop 48%Same areaTop 41%CitywideBottom 28%

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

587 Guilbault Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 231 m), 3 parks (nearest 351 m).

Search radius
🏫Education1
🌳Parks3
Worship1

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 9/2019CA$250k–300k
Sold price

Same street

Top 44%

Same area

Top 27%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 587 Guilbault Street, Winnipeg

Property Summary: 587 Guilbault Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Archwood home presents a solid opportunity for buyers seeking a manageable, no-fuss property in a mature Winnipeg neighbourhood. Its key appeal lies in its balance of a generous, 4,146 sqft lot with a modestly sized and efficient 748 sqft living space, ideal for those looking to minimize upkeep without sacrificing outdoor room. A significant feature is the renovated basement, which adds valuable finished space and potential. Built in 1948, the home is notably older than many on its street and in the wider area, which may appeal to buyers charmed by classic character or seeing value in an established, tree-lined location.

The property suits first-time homeowners, downsizers, or practical investors looking for a lower-maintenance entry into a stable neighbourhood. Its assessed value is consistently in the top tier for the immediate area, suggesting it is well-regarded relative to its peers. The lot size is a standout—larger than over half the lots on the street—offering room for gardening, expansion, or simple enjoyment, which is a less obvious advantage in this price range. Buyers should be prepared for the realities of an older home but can appreciate the upside of a renovated lower level and a prime lot that ranks highly for its size city-wide.

Section 2: Frequently Asked Questions (FAQs)

1. How does the home’s size compare to others nearby?
At 748 sqft, the living area is compact and below the average for both the street and neighbourhood. This indicates a efficient, cozy layout, with the renovated basement providing additional functional space.

2. What does the "rank by year" data mean for this 1948 home?
The rankings show this home is older than approximately 82% of houses on Guilbault Street and 83% in Archwood. This isn’t uncommon for the area but means potential buyers should prioritize a thorough inspection to understand the condition of original components.

3. The lot is large, but how does it rank practically?
The 4,146 sqft lot is larger than 52% of lots on the street and ranks in the top 28% for size across all of Winnipeg. This is a significant asset, offering more private outdoor space than many comparable properties.

4. Why is the assessed value relatively high for the area?
With an assessed value higher than 76% of homes on its street, this suggests municipal assessment recognizes factors like its renovated basement, desirable lot size, or overall condition as adding value above neighbouring properties.

5. What can nearby sales history tell us?
A similar home next door at 584 Guilbault (larger, but built later) sold in 2019 for $280k, which was a mid-range price for the street at that time. This provides a historical benchmark, though current market conditions will be the primary price driver.