Property score
49.2
Below average
Overall 49.2 · Smaller than most nearby homes
879 sqft (bottom 21%) · Built in 1948 (5 yrs older than avg)
Located in a above-average income area with median household income of ~82k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, and 1 park nearby
Living Area
Below average
8% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 42%Tagalog · 36%
Past 10 years Burrows-Keewatin sales snapshot (~80% of all data)
110
235k
$268/sqft
1953
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49.2 is composed by the two sections below.
Property Score
Community Score
Burrows-Keewatin
How to read: Share of sales in each ~$50k price band for “burrows-keewatin” (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: #46110158
$82K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
22%
Single-person households
37%
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
1537 Manitoba Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 415 m), 1 shopping (nearest 371 m), 1 parks (nearest 425 m).
Burrows-Keewatin · WPS public data · 2026
Annual incidents
14
2026
vs. city avg
-53%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
36%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Top 29% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1537 Manitoba Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, post-war one-and-a-half storey home on a standard city lot in the Burrows-Keewatin neighbourhood. Built in 1948, its key characteristic is its straightforward, no-frills profile: it features a detached garage, no basement, and a living area of 879 sq ft, which is notably compact compared to both local and city-wide averages.
The primary appeal lies in its land value and affordability. The lot size of 4,474 sq ft is above average for the immediate street and represents a solid footprint in the city. With a very low assessed value and a recent 2021 sale price of $23,600, this property is one of the most accessible entry points into the Winnipeg market. It suits a specific buyer: an investor, developer, or extremely budget-conscious individual looking for land value or a tear-down/redevelopment project. It is not suited for someone seeking a move-in ready or spacious family home, but rather for those who see potential in the parcel itself or require a minimal holding property.
A less obvious perspective is that its "below average" metrics in living space and assessed value are precisely what define its opportunity. In a market where average prices are significantly higher, it represents a rare low-cost option where the investment is primarily in the location and the land, not the existing structure.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the modest size, age, and condition of the existing structure. City-wide averages include a vast range of newer and larger homes, whereas this property is valued largely for its land.
2. What does "no basement" mean for this property?
It indicates the home is built on a slab foundation or crawl space. This limits storage and mechanical space, and can influence heating costs and renovation options, which is a key consideration for any buyer.
3. Who would be the most likely buyer for this home?
Given the data, the most likely buyers are investors, developers interested in the lot for future redevelopment, or buyers seeking the absolute minimum price point, understanding that significant updates or a rebuild may be the long-term plan.
4. How does the lot size compare to the neighbourhood?
The lot is a strong point. At 4,474 sq ft, it is larger than the average lot on Manitoba Avenue and in the Burrows-Keewatin area, offering more outdoor space or redevelopment flexibility than many nearby properties.
5. The home sold in 2021 for $23,600. What does that price indicate?
This sale price, closely aligned with its assessed value, confirms its status as a ultra-affordable property. It suggests the market at that time viewed it as a land-value purchase or a property requiring substantial investment, rather than a conventionally competitive family home.
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