2498 Pinewood Drive

Birchwood, Winnipeg

Property score

63.6

Fair

Overall 63.6 · Newer than most nearby homes

1,498 sqft (top 39%) · Built in 1959 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~64.5k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

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

Sold Count

81

Median price

390.5k

$/sqft

$299/sqft

Avg build year

1955

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Property score

63.6 is composed by the two sections below.

Property Score

68.4Good
Living Area1,498 sqft75Good
Year Built195943Low
Lot Size7,031 sqft88Excellent
Neighbourhood Sales Activity32Low

Community Score

56.5Fair
Household Income66Good
Education Level44Low
Housing Stress42Low
Core Housing Need63Fair
Employment Health42Low

Neighbourhood Sales

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.

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: #46110343

Community deep dive

$65K

Median household income

$71K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

42%

Single-person households

11%

Families with children

Population, labour & age

Population (2021)733
Labour force participation rate53%
Median age46.8
Avg household size1.9
Unemployment rate11%
Population density5235 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households42%
Couple families with children11%
Median household income (2020)$65K

Housing

Renter households81%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,498 sqft
0255075100
Same streetBottom 49%Same areaTop 39%CitywideTop 31%
Same street · Pinewood Drive
#18 / 35
Bottom 49% · Avg 1,530 sqft
Same area · Birchwood
#114 / 295
Top 39% · Avg 1,439 sqft
Citywide · Winnipeg
#59,503 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
410k
0255075100
Same streetTop 37%Same areaTop 44%CitywideTop 36%
Same street · Pinewood Drive
#13 / 35
Top 37% · Avg 403.7k
Same area · Birchwood
#129 / 295
Top 44% · Avg 421.9k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1959
0255075100
Same streetTop 43%Same areaTop 25%CitywideBottom 40%

Lot Size

above average
7,031 sqft
0255075100
Same streetTop 29%Same areaBottom 44%CitywideTop 17%

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

2498 Pinewood Drive — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 190 m), 1 healthcare (nearest 225 m), 1 shopping (nearest 233 m).

Search radius
🍽️Dining4
🏥Healthcare1
🛒Shopping1
🌳Parks2
Fuel Stations1
Worship1
🏛️Government1

Crime & Safety

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%

Sales History

Sold 6/2023CA$450k–500k
Sold price

Same street

Top 18%

Same area

Top 26%

City-wide

Top 23%

Related homes

Highlights & common questions: 2498 Pinewood Drive, Winnipeg

Property Summary: 2498 Pinewood Drive, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, one-storey home in the established Birchwood neighbourhood. Built in 1959, it sits on a large, 7,031 sqft lot, which is notably more spacious than most in Winnipeg. The home itself offers 1,498 sqft of living space and features an attached garage and a renovated basement. Its appeal lies in a combination of space, location, and recent updates. The generous lot size is a standout, offering ample outdoor potential in a city where such large plots are increasingly rare. The renovated basement adds immediate functional living space without the need for a project.

The property would suit buyers looking for a solid, move-in-ready home in a mature neighbourhood without the premium of a new build. It’s particularly well-suited for those who value private outdoor space for gardening, play, or future expansion. The recent sale in mid-2023 suggests a stable, known value in the current market. While the house itself is older, its above-average rankings for lot size and recent sale price in its immediate area indicate it is a stronger-than-average offering on its street and in Birchwood.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The 7,031 sqft lot is a significant feature, ranking in the top 17% across all of Winnipeg. It is substantially larger than the average city lot, offering more privacy and versatility.

2. The home was built in 1959. What should I consider?
While the basement has been renovated, a home of this age will have original core components. A thorough inspection of the roof, foundation, wiring, and plumbing is always advised to understand any future maintenance timelines.

3. What do the "rank" percentages next to the statistics mean?
These show how this property compares to others in the same group. For example, its lot size is in the "Top 17% in Winnipeg," meaning it's larger than 83% of properties in the city. This helps quantify its relative strengths.

4. The assessed value is $410k, but it sold for $450k in 2023. Why the difference?
Municipal assessed values are for tax purposes and often lag behind the current market. The 2023 sale price is a more accurate reflection of its recent market value, indicating buyer demand exceeded the official assessment at that time.

5. Is the neighbourhood actively growing or changing?
Birchwood is a long-established area. The consistency in home ages and styles suggests stable, incremental change rather than rapid redevelopment. This can mean predictable character but fewer brand-new amenities compared to emerging suburbs.

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