Property score
54.5
Fair
Overall 54.5 · Newer than most nearby homes
901 sqft (top 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, 1 park, and 1 place of worship nearby
Living Area
Near average
1% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
54.5 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
602 Gareau Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 182 m), 1 parks (nearest 400 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 21% | Top 11% | Bottom 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 46% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 602 Gareau Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-and-a-half storey home in Archwood presents a solid opportunity for a first-time buyer, downsizer, or hands-on investor. Built in 1948, it sits on a generous 4,251 sqft lot, offering more outdoor space than most in the immediate area. The home itself is compact at 901 sqft, with a renovated basement adding functional living space. A detached garage provides utility or storage.
Its primary appeal lies in its strong fundamentals within a desirable neighbourhood. The property ranks highly for its lot size, newer build year (relative to its street), and recent sold price within its local context, suggesting it is a well-regarded holding on its block. The significant increase in value from its 2016 sale to its 2024 sale indicates sustained market confidence. This isn't a flashy property, but a grounded one that offers a manageable footprint, a prized large lot, and a history of value appreciation. It would suit a practical buyer who values outdoor potential over sheer interior size and appreciates a home that has proven to be a sound investment within its peer group.
Frequently Asked Questions
1. Is the home move-in ready?
While the basement is noted as renovated, the listing does not specify the condition of the main and upper floors. Given the age of the home, prospective buyers should budget for potential updates to mechanical systems, windows, or the main living areas.
2. What does the high ranking for "newer build year" mean?
This is a relative statistic. While built in 1948, this home is newer than 95% of the other homes on Gareau Street. This suggests the surrounding houses are predominantly older, which can be a positive for the property's comparative value and might indicate a more established streetscape.
3. How does the recent sale price compare to the assessed value?
The home sold for $320,000 in late 2024, which is significantly higher than its $30,200 assessed value. This is common, as municipal tax assessments in Manitoba are not intended to reflect market value and often lag far behind actual sale prices. The sale price is the relevant market indicator.
4. What is the neighbourhood like?
Archwood is a mature, established neighbourhood in Winnipeg. The high rankings for the property's metrics within the area suggest it is a desirable and competitive part of the community.
5. What are the implications of the large lot size?
The 4,251 sqft lot is a key asset. It offers ample space for gardening, recreation, or future expansion (subject to zoning bylaws and permits). For an investor, it also represents a significant portion of the property's long-term value.
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.
