5575 Betsworth Avenue

Betsworth, Winnipeg

Property score

70.7

Good

Overall 70.7 · Compared with neighbourhood average

1,262 sqft (bottom 44%) · Built in 1978

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

Transit 58.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

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Property score

70.7 is composed by the two sections below.

Property Score

68.8Good
Living Area1,262 sqft66Good
Year Built197867Good
Lot Size8,769 sqft93Excellent
Neighbourhood Sales Activity37Low

Community Score

73.5Good
Household Income78Good
Education Level44Low
Housing Stress74Good
Core Housing Need100Excellent
Employment Health83Excellent

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

above average
1,262 sqft
0255075100
Same streetTop 26%Same areaBottom 44%CitywideTop 44%
Same street · Betsworth Avenue
#38 / 148
Top 26% · Avg 1,102 sqft
Same area · Betsworth
#838 / 1,485
Bottom 44% · Avg 1,455 sqft
Citywide · Winnipeg
#86,424 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
362k
0255075100
Same streetTop 45%Same areaBottom 18%CitywideTop 50%
Same street · Betsworth Avenue
#67 / 148
Top 45% · Avg 360.3k
Same area · Betsworth
#1,215 / 1,485
Bottom 18% · Avg 458k
Citywide · Winnipeg
#96,445 / 194,458
Top 50% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 10%Same areaTop 42%CitywideTop 35%

Lot Size

above average
8,769 sqft
0255075100
Same streetTop 16%Same areaTop 32%CitywideTop 9%

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

5575 Betsworth Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 398 m), 2 parks (nearest 377 m).

Search radius
🏫Education1
🌳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 5/2024CA$400k–450k
Sold price

Same street

Top 9%

Same area

Top 39%

City-wide

Top 25%

Related homes

Highlights & common questions: 5575 Betsworth Avenue, Winnipeg

Property Overview

This 1978-built, single-storey home on a large, 8,769 sqft lot presents a classic Winnipeg opportunity. Its key appeal lies in the substantial land size, which ranks in the top 9% city-wide, offering rare potential for expansion, gardening, or outdoor living. The house itself, at 1,262 sqft, provides practical living space and ranks as newer than most in its immediate area. A recent sale in May 2024 at $44,000 above the current assessed value suggests a strong market recognition of these attributes. The property suits buyers looking for a solid bungalow with significant lot value, whether as a long-term family home with room to grow, or as a future investment in land value. It’s particularly well-matched for those comfortable with a home of this vintage and who see the unfinished basement not as a drawback, but as a blank canvas for customization.

Frequently Asked Questions

What does the "rankings" data actually mean?
The rankings compare this property against others on its street, in its neighbourhood, and across Winnipeg. For example, its land size is larger than 91% of all Winnipeg properties, making it a standout feature, while its recent sale price was higher than 73% of city-wide sales, indicating strong market performance.

Is the unfinished basement a major concern?
Not necessarily. For many buyers, an unfinished basement is preferable to a poorly or outdated finished one. It presents no hidden issues to remediate and offers full flexibility to design and finish the space to your own needs and standards, potentially adding significant value.

The home was built in 1978. What should I be aware of?
While the rankings show it's newer than many homes in its area, a home of this age will likely have original or aging core components. A thorough inspection of the roof, windows, plumbing, electrical systems, and the heating/cooling system is essential to understand future maintenance priorities.

There's no garage. How big of an issue is this?
This depends on lifestyle and future plans. The large lot does provide ample space to add a detached garage or carport, subject to local bylaws. For some, the trade-off of a larger yard for the cost and effort of adding a garage later is a worthwhile calculation.

Why did it sell for significantly more than its assessed value?
Municipal assessments for tax purposes often lag behind current market conditions. The sale price reflects what competitive buyers were willing to pay for the combination of a large lot, a well-sized bungalow, and the home's overall condition—factors the market may value more highly than the assessment formula does.

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