Property score
67.9
Good
Overall 67.9 · Smaller than most nearby homes
1,148 sqft (bottom 24%) · Built in 1963 (1 yr newer than avg)
Located in a high-income area with median household income of ~91k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 4 schools, 2 healthcare facilitys, 1 park, and 2 place of worships nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 83%Tagalog · 4%
Past 10 years Booth sales snapshot (~80% of all data)
358
427.6k
$303/sqft
1962
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67.9 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: #46110277
$91K
Median household income
$103K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
4.1
P90 / P10 ratio
36%
Single-person households
27%
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
550 Bruce Avenue — 9 amenities found within 500 m, across 4 categories, including 4 education (nearest 325 m), 2 healthcare (nearest 403 m), 1 parks (nearest 324 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 33% | Top 41% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 550 Bruce Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-situated, one-storey home in the Booth neighbourhood, built in 1963. Its primary appeal lies in a combination of space, location, and value. The lot is a significant asset, at over 5,300 square feet, placing it in the top 5% for size on its street and offering ample outdoor potential. The home itself features a renovated basement, adding valuable finished living space to the 1,148 sqft main floor, and includes a detached garage.
The property suits practical buyers looking for a solid foundation in a mature neighbourhood. It’s ideal for someone who values a larger yard for gardening, children, or future projects, and who appreciates the flexibility a renovated basement provides for family, hobbies, or rental income. The assessed value suggests it is positioned as a sensible, mid-range option within Winnipeg, potentially appealing to first-time buyers or downsizers seeking single-level living without sacrificing yard space. A thoughtful perspective is that while the home is older, its above-average lot size in a built-up area is a permanent advantage that cannot be replicated in newer subdivisions.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in the neighbourhood, and across Winnipeg. For example, the lot size ranks very highly locally, meaning you're getting more land than most nearby properties. The year-built rank indicates the home is older than many on its street, which is typical for the area.
2. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. A buyer must verify with the city if it meets all code requirements for a rental suite, as this affects insurance, financing, and permitted use.
3. How does the recent sale history influence the price?
The property sold in January 2021 for $37,200. The current assessed value is $36,400. This history provides a benchmark, but the current market conditions and any updates made since 2021 will be the primary drivers of the listing price.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or to separate vehicle fumes from the house. However, it may be less convenient during Winnipeg winters compared to an attached garage, so consider your daily routine and climate preferences.
5. Who might the "similar assessed value" properties be relevant for?
These are properties in other neighbourhoods assessed at the same value by the city. They are useful for buyers comparing broad value across different areas, but not for direct home comparisons, as lot size, condition, and location will vary significantly.
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