623 Guilbault Street

Archwood, Winnipeg

Property score

50.0

Fair

Overall 50.0 · Older than most nearby homes

808 sqft (bottom 39%) · Built in 1931 (15 yrs older than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

9% smaller than neighborhood avg.

Year Built

Below average

15 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

50.0 is composed by the two sections below.

Property Score

33.9Low
Living Area808 sqft32Low
Year Built193122Low
Lot Size4,044 sqft53Fair
Neighbourhood Sales Activity48Low

Community Score

74.1Good
Household Income75Good
Education Level54Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health96Excellent

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
808 sqft
0255075100
Same streetBottom 33%Same areaBottom 39%CitywideBottom 10%
Same street · Guilbault Street
#22 / 33
Bottom 33% · Avg 897 sqft
Same area · Archwood
#225 / 369
Bottom 39% · Avg 892 sqft
Citywide · Winnipeg
#175,945 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

below average
248k
0255075100
Same streetBottom 12%Same areaBottom 28%CitywideBottom 17%
Same street · Guilbault Street
#29 / 33
Bottom 12% · Avg 282.1k
Same area · Archwood
#265 / 369
Bottom 28% · Avg 276.3k
Citywide · Winnipeg
#161,986 / 194,458
Bottom 17% · Avg 390.1k

Year Built

below average
1931
0255075100
Same streetBottom 6%Same areaBottom 20%CitywideBottom 18%

Lot Size

around average
4,044 sqft
0255075100
Same streetBottom 12%Same areaTop 50%CitywideBottom 27%

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

623 Guilbault Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 97 m), 1 parks (nearest 484 m).

Search radius
🏫Education1
🌳Parks1
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 9/2022CA$250k–300k
Sold price

Same street

Top 39%

Same area

Top 25%

City-wide

Bottom 33%
Sold 2/2020CA$150k–200k
Sold price

Same street

Bottom 6%

Same area

Bottom 13%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 623 Guilbault Street, Winnipeg

Property Summary: 623 Guilbault Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1931-built, one-storey home in Archwood sits on a generous 4,044 sqft lot, which is notably larger than most in the immediate area. With 808 sqft of living space, the interior is compact but efficiently sized for its era. A key modern update is the renovated basement, adding valuable functional space. The home lacks a garage, which is common for the neighbourhood and period.

Its primary appeal lies in its solid fundamentals within a well-established community: a large lot offering outdoor potential, a modernized lower level, and a location that ranks favorably for lot size and year built compared to much of Winnipeg. The recent sale history shows significant value growth since 2020, suggesting a positive trajectory.

This property would best suit first-time buyers or downsizers seeking a manageable, single-level home with a low assessed value and the upside of a renovated basement. It’s a practical entry into a mature neighbourhood where the land itself represents a substantial portion of the value. Investors or renovators might also see potential in the sizable lot for future expansion or landscaping, given the home’s modest footprint.

Section 2: Frequently Asked Questions

Q: What does the "renovated basement" typically include in a home of this age?
A: While specifics require a viewing, in this context it generally means the basement has been modernized for livable space—likely including finished walls, flooring, and ceiling—making it suitable for a family room, office, or additional bedrooms. It’s wise to confirm the scope of work, permits, and moisture control.

Q: The home has no garage. What are parking options?
A: The property likely has space for a driveway or on-site parking given the lot size. Many homes on the street may use detached sheds or carports. Checking local bylaws for the potential to add a garage or covered parking in the future would be advisable.

Q: The assessed value is significantly lower than the 2022 sale price. Why?
A: Municipal assessed value for tax purposes often lags behind market value and is calculated using mass appraisal techniques. The 2022 sale price is a stronger indicator of current market value, with the assessment reflecting an older valuation point.

Q: How does the smaller living area (808 sqft) compare to the neighbourhood?
A: It’s slightly below the neighbourhood average, placing it in the top 39%. This indicates a compact, efficient layout. The renovated basement effectively expands the usable space, making the overall footprint more competitive.

Q: The lot is large, but what about the home's condition given its age?
A: Built in 1931, the core structure is nearly a century old. While the basement is renovated, a thorough inspection is crucial to understand the condition of major aging components like the roof, foundation, plumbing, and electrical systems, which may need updating or maintenance.

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