Property score
74.5
Good
Overall 74.5 · Larger but older than most nearby homes
2,022 sqft (top 12%) · Built in 1950 (5 yrs older than avg)
Located in a average-income area with median household income of ~61.2k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 2 shops, and 1 fuel station nearby
Living Area
Above average
40% larger than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 75%Tagalog · 8%
Past 10 years Birchwood sales snapshot (~80% of all data)
81
390.5k
$299/sqft
1955
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74.5 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: #46110260
$61K
Median household income
$84K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
41%
Single-person households
12%
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
2386 Portage Avenue — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 384 m), 1 healthcare (nearest 291 m), 2 shopping (nearest 436 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 | Top 14% | Top 16% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a distinctive, one-storey home on an exceptionally large, 32,288 sqft lot in Winnipeg's Birchwood area. Built in 1950, its primary appeal lies in the rare combination of a renovated interior and vast, private land within the city—a canvas for future expansion, gardening, or simply enjoying significant space. The home itself is spacious at over 2,000 sqft and features a renovated basement. Its assessed value ranks in the top 5% of the city, indicating strong underlying value for the lot and location.
The property would perfectly suit buyers who prioritize land over a new build, such as multi-generational families planning an addition, hobbyists or gardeners seeking room to pursue their interests, or long-term investors who understand the appreciating value of large urban lots. It’s a home for those who see potential in the land itself, not just the existing structure.
Key Questions & Considerations
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, legal egress, and moisture control are essential to request. This significantly impacts its use as living space, a rental suite, or simply upgraded storage.
2. How does the 1950s build date affect the home?
While the basement is renovated, a home of this age will likely have older major systems (plumbing, electrical, roof). A thorough inspection is crucial to understand the update timeline and what significant capital expenditures might be on the horizon, balanced against the value of the land.
3. What are the zoning possibilities for this large lot?
The 32,288 sqft lot is the star feature. A key question is its zoning designation, which determines what you can build or add (e.g., a secondary suite, a garage, or even a future new primary residence). Consulting the city's zoning bylaws is a vital early step.
4. Why is the assessed value so much lower than likely market price?
The $65.60k assessment is for municipal tax purposes and is not an indicator of market value, as seen in its 2016 sale at $55.70k. Market value is determined by recent sales of comparable properties, with this home's price driven by its massive lot and living space.
5. What is the feel of the immediate area?
Being on Portage Avenue means higher traffic volume and exposure. It’s important to visit at different times to gauge noise levels and the general pace. However, its rankings show it's among the largest and most valuable properties on the street, suggesting a potentially unique and well-established setting within the thoroughfare.
