78 Malone Street

Betsworth, Winnipeg

Property score

77.4

Good

Overall 77.4 · Larger than most nearby homes

1,840 sqft (top 21%) · Built in 1976 (2 yrs older than avg)

Located in a above-average income area with median household income of ~86k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 shop, 3 parks, and 1 fuel station nearby

Living Area

Above average

26% larger than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 83%French · 1%

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

77.4 is composed by the two sections below.

Property Score

80.8Excellent
Living Area1,840 sqft89Excellent
Year Built197667Good
Lot Size6,384 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

72.2Good
Household Income79Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

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: #46111140

Community deep dive

$86K

Median household income

$101K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

28%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)934
Labour force participation rate70%
Median age41.2
Avg household size2.3
Unemployment rate10%
Population density3459 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households28%
Couple families with children24%
Median household income (2020)$86K

Housing

Renter households31%
Condominium dwellings11%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority5%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,840 sqft
0255075100
Same streetTop 9%Same areaTop 21%CitywideTop 16%
Same street · Malone Street
#3 / 34
Top 9% · Avg 1,362 sqft
Same area · Betsworth
#313 / 1,485
Top 21% · Avg 1,455 sqft
Citywide · Winnipeg
#30,478 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
468k
0255075100
Same streetTop 26%Same areaTop 36%CitywideTop 25%
Same street · Malone Street
#9 / 34
Top 26% · Avg 428.9k
Same area · Betsworth
#529 / 1,485
Top 36% · Avg 458k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 9%Same areaTop 50%CitywideTop 39%

Lot Size

above average
6,384 sqft
0255075100
Same streetBottom 9%Same areaBottom 32%CitywideTop 24%

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

78 Malone Street — 5 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 442 m), 3 parks (nearest 183 m).

Search radius
🛒Shopping1
🌳Parks3
Fuel Stations1

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 12/2016CA$400k–450k
Sold price

Same street

Top 50%

Same area

Top 45%

City-wide

Top 29%

Related homes

Highlights & common questions: 78 Malone Street, Winnipeg

Property Overview: 78 Malone Street, Winnipeg

Key Features & Ideal Buyer

This well-situated two-storey home in Betsworth offers a classic layout with notable updates and strong neighborhood standing. Its key characteristic is a renovated basement, adding valuable finished living space to the 1,840 sqft footprint. The home sits on a large, 6,384 sqft lot—a significant asset that ranks in the top 9% for size on its street—and includes an attached garage.

The appeal lies in its balanced position within established community metrics. It's not the newest on the block, but it outperforms most area homes in living space and lot size. This creates a value proposition for buyers seeking room to grow or entertain outdoors without moving to the urban fringe. It would particularly suit practical buyers who prioritize space and a turn-key basement over a brand-new build, and who appreciate a home that holds its own in neighborhood rankings for core attributes like lot dimensions and interior square footage.

Frequently Asked Questions

1. How does the home’s age affect its value?
Built in 1976, the home is older than 91% of houses on its street. This typically means more established landscaping and neighborhood character, but buyers should focus on the condition of major systems (roof, windows, HVAC) which may have been updated over time, and consider the benefit of the renovated basement.

2. What do the ranking percentages actually tell me?
They show how this property compares to others in the immediate area, the wider neighborhood, and all of Winnipeg. For example, ranking in the "Top 9%" for lot size on its street confirms the parcel is genuinely larger than most nearby, a tangible advantage.

3. The assessed value seems low. Why is that?
Municipal assessed value for tax purposes ($46,80k) is often significantly lower than market value and is based on a prior valuation date. The last sold price in 2016 was $42,000k, and current market value would be determined by recent comparable sales and present condition.

4. Is the renovated basement a legal suite?
The listing states it is a "renovated basement." This describes the finish and condition only. Whether it is a legal secondary suite with separate entrance and kitchen facilities is not specified and would require verification with the seller and city permits.

5. How stable is the property’s value in this area?
The home’s assessed value ranks solidly in the top third of the neighborhood and city, suggesting it aligns with area norms. Its strong rankings for lot and living space—attributes that don't change—provide a stable foundation for value compared to homes on smaller lots.

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