Property score
64.1
Fair
Overall 64.1 · Smaller and older than most nearby homes
1,180 sqft (bottom 29%) · Built in 1959 (3 yrs older than avg)
Located in a above-average income area with median household income of ~74k
Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 7 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 80%Chinese · 2%
Past 10 years Booth sales snapshot (~80% of all data)
358
427.6k
$303/sqft
1962
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64.1 is composed by the two sections below.
Property Score
Community Score
Booth
How to read: Share of sales in each ~$50k price band for “booth” (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: #46110341
$74K
Median household income
$88K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
33%
Single-person households
18%
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
240 Wallasey Street — 14 amenities found within 500 m, across 6 categories, including 7 dining (nearest 141 m), 1 education (nearest 425 m), 1 healthcare (nearest 495 m).
Booth · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
58%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 2% | Top 6% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 15% | Bottom 8% | 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 one-storey home on Wallasey Street presents a compelling blend of established neighbourhood character and significant modern investment. Its primary appeal lies in its substantial, mature lot—at nearly 8,900 sqft, the property offers a level of outdoor space that is increasingly rare and ranks highly within its area. The home itself features a renovated basement, adding valuable finished living space to the 1,180 sqft main floor. A detached garage provides additional storage or workshop potential.
The property’s standout feature is its dramatic financial trajectory. Purchased for $250k in 2017, it recently sold for $510k in mid-2024, indicating strong market confidence and substantial value appreciation. This history, combined with a current assessed value significantly lower than the sale price, suggests the neighbourhood is in a state of active renewal. The home would suit a buyer looking for a solid, land-value property in a transitioning area, whether as a long-term family home with room to grow or as a strategic hold. It’s particularly suited for those who value outdoor privacy over a large interior footprint and are comfortable with a home whose recent sale price has already anticipated future neighbourhood growth.
Frequently Asked Questions
1. How does the recent sale price compare to similar homes?
The $510k sale price ranks in the top 5% for the street and top 3% for the broader neighbourhood, indicating this sale was well above the area's recent norms and likely set a new benchmark.
2. What does the large difference between the assessed value and sale price mean?
The assessed value ($40.80k) is for municipal tax purposes and is typically much lower than market value. The key figure is the recent sale price, which shows what a buyer was actually willing to pay. The large gap suggests the area's market values are rising faster than the city's assessment updates.
3. Is the lot size a major advantage?
Yes. At 8,891 sqft, the lot is a defining feature, ranking in the top 16% of the neighbourhood. This offers exceptional outdoor space for gardens, recreation, or future expansion, which is a premium in mature areas.
4. The home was built in 1959. What should I consider?
While the basement has been renovated, the core structure is from 1959. Buyers should prioritize inspections for aging components like the roof, foundation, and original plumbing or electrical systems to understand any upcoming maintenance or update projects.
5. What does the property's sales history indicate about the area?
The value doubling from $250k (2017) to $510k (2024) points to a rapidly appreciating area. This can signal active reinvestment and growing desirability, but also means entry prices are now significantly higher than they were just a few years ago.
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