2554 Pinewood Drive

Birchwood, Winnipeg

Property score

60.2

Fair

Overall 60.2 · Newer than most nearby homes

1,226 sqft (bottom 35%) · Built in 1960 (5 yrs newer than avg)

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

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 5 dining spots, 1 healthcare facility, 2 shops, and 1 park nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

5 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

60.2 is composed by the two sections below.

Property Score

62.6Fair
Living Area1,226 sqft66Good
Year Built196043Low
Lot Size6,603 sqft85Excellent
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
1,226 sqft
0255075100
Same streetBottom 17%Same areaBottom 35%CitywideTop 48%
Same street · Pinewood Drive
#29 / 35
Bottom 17% · Avg 1,530 sqft
Same area · Birchwood
#192 / 295
Bottom 35% · Avg 1,439 sqft
Citywide · Winnipeg
#92,760 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
363k
0255075100
Same streetBottom 14%Same areaBottom 36%CitywideTop 49%
Same street · Pinewood Drive
#30 / 35
Bottom 14% · Avg 403.7k
Same area · Birchwood
#188 / 295
Bottom 36% · Avg 421.9k
Citywide · Winnipeg
#95,830 / 194,458
Top 49% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 9%Same areaTop 14%CitywideBottom 42%

Lot Size

above average
6,603 sqft
0255075100
Same streetBottom 26%Same areaBottom 33%CitywideTop 21%

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

2554 Pinewood Drive — 11 amenities found within 500 m, across 6 categories, including 5 dining (nearest 220 m), 1 healthcare (nearest 277 m), 2 shopping (nearest 419 m).

Search radius
🍽️Dining5
🏥Healthcare1
🛒Shopping2
🌳Parks1
Fuel Stations1
🏛️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 7/2022CA$400k–450k
Sold price

Same street

Bottom 45%

Same area

Top 38%

City-wide

Top 33%

Related homes

Highlights & common questions: 2554 Pinewood Drive, Winnipeg

Property Overview

This renovated one-storey home on a large, mature lot in Birchwood offers a blend of space, established charm, and practical updates. Its appeal lies in its quiet, family-friendly neighbourhood setting and the significant interior work already completed, presenting a move-in-ready opportunity. The home would suit first-time buyers seeking a manageable single-level layout, downsizers looking for a low-maintenance property with a generous yard, or investors attracted by the solid fundamentals of a renovated property in a stable area.

A less obvious perspective is the value of the lot itself. At over 6,600 square feet, the land area ranks in the top third of the neighbourhood, offering ample outdoor space that is increasingly rare. While the home was built in 1960, the renovated basement adds crucial modern living space, effectively expanding the home's footprint. Buyers should note that while the home's assessed value is modest, its recent 2022 sale price reflects a substantial market premium, indicating strong buyer demand for turn-key properties in this area.

Key Questions for Consideration

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on the scope, quality, permits, and finished square footage are essential to understand the true living space and value added.

2. How does the age of the home (1966) impact maintenance?
While the basement is updated, a home of this age will have core components—like the roof, windows, plumbing, and electrical systems—that may need evaluation or future investment, even if recently addressed.

3. The lot is large, but how is it configured?
The 6,603 sqft lot size is a major asset. Understanding its layout (e.g., sunny backyard, private, usable shape) and any potential for future expansion (like an addition) subject to local bylaws is key.

4. How does the 2022 sale price relate to today's value?
The property sold for $400,000 in mid-2022. Market conditions have shifted since then, so this figure is a relevant data point but not a direct indicator of current value. A comparative market analysis is advised.

5. What is the feel of the immediate street?
With several nearby homes on the same drive, the character of your direct neighbours is important. The quiet, established nature of Birchwood is a general draw, but the specific block's atmosphere is best experienced in person.

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