Property score
54.5
Fair
Overall 54.5 · Larger and newer than most nearby homes
918 sqft (top 29%) · 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
Above average
3% 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
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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
604 Gareau Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 170 m), 1 parks (nearest 413 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 | Bottom 7% | Bottom 34% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 604 Gareau Street, Winnipeg
Key Characteristics & Appeal
This 1948 one-and-a-half storey home in Archwood presents a solid, no-fuss opportunity. Its key characteristic is a renovated basement, adding valuable finished space to the 918 sqft main living area. The property sits on a generously sized 4,251 sqft lot, offering more outdoor space than many in the immediate area, and includes a detached garage.
The appeal lies in its established neighbourhood setting and practical updates. The data suggests a home that has been maintained, with its assessed value ranking solidly above average for Winnipeg. It particularly suits first-time buyers or practical downsizers looking for a manageable footprint without sacrificing yard space, or an investor seeking a character home with a modernized lower level. A less obvious perspective is its potential for someone valuing outdoor privacy or gardening, given its lot size ranks in the top quarter of the neighbourhood. The 2017 sale price, significantly lower than the current assessment, indicates a period of substantial value increase, which may appeal to buyers looking in appreciating areas.
Frequently Asked Questions
1. What does "renovated basement" typically mean for a home of this era?
It usually indicates the lower level has been modernized for livability, potentially as a rec room, additional bedroom, or suite. Given the age, it’s wise to inquire about the specifics of the renovation, including moisture control, ceiling height, and permits.
2. How does the detached garage impact utility?
A detached garage offers flexibility for a workshop or project space separate from the house. The trade-off is dealing with winter weather when accessing your vehicle. For some, this separation is a benefit; for others, a connected garage is preferable.
3. The home is older—what should I budget for maintenance?
While the basement is renovated, a 78-year-old home will have aging core components. Setting aside a budget for potential updates to the roof, windows, or original plumbing and electrical systems is a prudent part of your planning.
4. The lot is larger than many nearby. What are the implications?
This means more private outdoor space and less feeling of being crowded by neighbours. It also may mean slightly more yard work and snow clearing. For the right buyer, the extra space is a significant asset.
5. Why is there such a difference between the 2017 sale price and the current assessed value?
The increase reflects market-wide appreciation over seven years, likely combined with value added from the basement renovation and general maintenance. It shows the property has kept pace with, and in some rankings exceeded, area trends.
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