551 Community Row

Betsworth, Winnipeg

Property score

76.7

Good

Overall 76.7 · Larger but older than most nearby homes

2,334 sqft (top 5%) · Built in 1932 (46 yrs older than avg)

Located in a above-average income area with median household income of ~84k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

60% larger than neighborhood avg.

Year Built

Below average

46 yrs older than neighborhood avg.

Mother tongue

English · 80%Tagalog · 3%

Past 10 years Betsworth sales snapshot (~80% of all data)

Sold Count

460

Median price

480k

$/sqft

$347/sqft

Avg build year

1978

Need help understanding this property?

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

Property score

76.7 is composed by the two sections below.

Property Score

78.8Good
Living Area96
2,334 sqftExcellent
Year Built22
1932Low
Lot Size100
15,993 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

73.5Good
Household Income78
Good
Education Level44
Low
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Betsworth

How to read: Share of sales in each ~$50k price band for “betsworth” (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: #46111069

Community deep dive

$84K

Median household income

$112K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

39%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)394
Labour force participation rate70%
Median age45.2
Avg household size2.1
Unemployment rate3%
Population density2626 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households39%
Couple families with children23%
Median household income (2020)$84K

Housing

Renter households12%
Condominium dwellings40%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority9%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,334 sqft
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 4%
Same street · Community Row
#5 / 129
Top 4% · Avg 1,306 sqft
Same area · Betsworth
#70 / 1,485
Top 5% · Avg 1,455 sqft
Citywide · Winnipeg
#8,699 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
421k
0255075100
Same streetTop 33%Same areaBottom 48%CitywideTop 34%
Same street · Community Row
#42 / 129
Top 33% · Avg 406.6k
Same area · Betsworth
#772 / 1,485
Bottom 48% · Avg 458k
Citywide · Winnipeg
#65,393 / 194,458
Top 34% · Avg 390.1k

Year Built

below average
1932
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 18%

Lot Size

Elite
15,993 sqft
0255075100
Same streetTop 18%Same areaTop 5%CitywideTop 2%

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

551 Community Row — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 246 m).

Search radius
🌳Parks2

Crime & Safety

Betsworth · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

Sold 11/2016CA$350k–400k
Sold price

Same street

Bottom 44%

Same area

Bottom 32%

City-wide

Top 42%

Related homes

Highlights & common questions: 551 Community Row, Winnipeg

Property Overview: 551 Community Row, Winnipeg

Section 1: Key Characteristics & Appeal

This is a substantial and character-filled two-storey home in Betsworth, built in 1932. Its primary appeal lies in its generous scale and mature, private setting. With over 2,300 square feet of living space and a nearly 16,000 sqft lot, it offers room that is rare to find in newer builds. The home features a finished basement and an attached garage.

The property’s standout feature is its exceptional ranking for lot and home size within its community and across Winnipeg, placing it in the top 2-5% for space. This creates a unique sense of privacy and potential in a city setting. However, it presents a thoughtful trade-off: the 94-year-old structure, while full of potential charm, ranks very low for its age, indicating significant consideration for maintenance, updates, and systems modernization is essential.

This home would best suit a specific buyer: one who values space, privacy, and classic architecture over modern convenience, and who is prepared for the stewardship of a historic property. It’s ideal for a growing family seeking room to spread out, a multi-generational household, or a buyer with a vision to thoughtfully renovate a character home on a premier lot.


Section 2: Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in its community, and across Winnipeg. For example, being in the "top 2%" for lot size city-wide means 98% of Winnipeg properties have a smaller lot. Conversely, a low ranking for building age means most homes are newer.

2. Is the 2016 sale price relevant today?
It provides a historical benchmark, but market conditions have changed significantly. The current assessed value offers a more recent point of reference, though the final market price is determined by current demand, the home's condition, and buyer competition.

3. What are the less obvious considerations with a 1932 home?
Beyond visible updates, consider the long-term lifecycle of major components: the roof, foundation, plumbing, electrical wiring, and insulation. A pre-purchase inspection is crucial to understand the state of these systems and plan for future investments.

4. How does such a large lot impact ownership?
It offers fantastic privacy and space for gardens or recreation. However, it also means higher property taxes (based on value), more yard maintenance, and potentially higher costs for exterior updates like fencing or landscaping.

5. The home ranks highly for size but average for assessed value. Why?
This likely reflects the market's adjustment for the home's age and the potential cost of updates. The value is heavily supported by the land size and location, while the dwelling itself may be valued conservatively due to its older construction, presenting an opportunity for a buyer to add value through renovation.