Property score
45.7
Below average
Overall 45.7 · Smaller and older than most nearby homes
780 sqft (bottom 5%) · Built in 1952 (3 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 6 dining spots, 1 shop, 2 parks, and 1 bank/ATM nearby
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 86%French · 2%
Past 10 years Birchwood sales snapshot (~80% of all data)
81
390.5k
$299/sqft
1955
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45.7 is composed by the two sections below.
Property Score
Community Score
Birchwood
How to read: Share of sales in each ~$50k price band for “birchwood” (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: #46110339
$83K
Median household income
$94K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
35%
Single-person households
16%
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
196 Thompson Drive — 13 amenities found within 500 m, across 5 categories, including 6 dining (nearest 119 m), 1 shopping (nearest 146 m), 2 parks (nearest 265 m).
Birchwood · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 4% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This well-situated one-storey home on a spacious lot in Birchwood presents a practical and value-oriented opportunity. Its primary appeal lies in a combination of location, lot size, and recent updates. The home features a renovated basement, adding valuable finished living space to the 780 sqft main floor. With a detached garage and a land area of over 5,000 sqft, the property offers classic Winnipeg practicality with room for gardens, play, or expansion.
The home would suit first-time buyers looking for a move-in-ready property with a major renovation already completed, or downsizers seeking single-level living without compromising on outdoor space. Its strong rankings for lot size within its immediate street and neighbourhood highlight a premium characteristic that is increasingly rare. A thoughtful perspective is that while the home itself is modest in size, the significant lot provides a long-term asset—the land itself holds substantial value and potential. The recent sale at a notable premium over the assessed value suggests a strong market recognition of these combined features.
Frequently Asked Questions
Q: How does the lot size compare to typical properties in Winnipeg?
A: At 5,129 sqft, the lot is significantly larger than average, ranking in the top 49% city-wide. In its own Birchwood neighbourhood, it ranks in the top tier, making it a standout feature.
Q: The home was built in 1952. What should I consider?
A: While the basement has been renovated, the core structure is 74 years old. Prospective buyers should focus inspections on the foundational elements, roof, wiring, and plumbing that may be original, even if cosmetic updates are newer.
Q: The assessed value is much lower than the recent sale price. Why?
A: Municipal assessments often lag behind rapid market shifts and may not fully capture the value of recent renovations or premium lot sizes. The sale price of $250k is the current market valuation, reflecting what buyers are willing to pay for this specific property's package.
Q: What does the "ranking" data actually tell me?
A: It contextualizes each feature against nearby homes. For example, this home's living area is compact but ranks highly locally, suggesting the area has many cozy homes. Conversely, its lot size ranks exceptionally well, confirming it as a key advantage.
Q: Is the renovated basement a legal suite?
A: The listing states it is a renovated basement, not a legal rental suite. Buyers interested in generating rental income would need to investigate the specific renovations and consult the city on the requirements and process for legalization.
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