15-716 Corydon Avenue

Earl Grey, Winnipeg

Property score

44.6

Below average

Overall 44.6 · Compared with neighbourhood average

585 sqft (bottom 37%) · Built in 1956 (18 yrs older than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 29 dining spots, 1 school, 3 shops, and 3 parks nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Near average

18 yrs older than neighborhood avg.

Mother tongue

English · 86%French · 3%

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

Sold Count

78

Median price

135k

$/sqft

$237/sqft

Avg build year

1974

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Property score

44.6 is composed by the two sections below.

Property Score

21.7Low
Living Area585 sqft8Low
Year Built195643Low
Neighbourhood Sales Activity71Good

Community Score

79.0Good
Household Income68Good
Education Level100Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Earl Grey

How to read: Share of sales in each ~$50k price band for “earl grey” (Condos, 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: #46110394

Community deep dive

$67K

Median household income

$88K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

46%

Single-person households

12%

Families with children

Population, labour & age

Population (2021)428
Labour force participation rate82%
Median age36.4
Avg household size1.9
Unemployment rate17%
Population density6114 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households46%
Couple families with children12%
Median household income (2020)$67K

Housing

Renter households63%
Condominium dwellings8%
Median dwelling value (owners)$304K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority14%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
585 sqft
0255075100
Same streetBottom 12%Same areaBottom 37%CitywideBottom 4%
Same street · Corydon Avenue
#246 / 279
Bottom 12% · Avg 822 sqft
Same area · Earl Grey
#79 / 125
Bottom 37% · Avg 787 sqft
Citywide · Winnipeg
#25,683 / 26,841
Bottom 4% · Avg 1,042 sqft

Tax-Assessed Value

around average
133k
0255075100
Same streetBottom 13%Same areaBottom 40%CitywideBottom 7%
Same street · Corydon Avenue
#242 / 279
Bottom 13% · Avg 193.1k
Same area · Earl Grey
#75 / 125
Bottom 40% · Avg 198.3k
Citywide · Winnipeg
#24,957 / 26,841
Bottom 7% · Avg 256.1k

Year Built

around average
1956
0255075100
Same streetBottom 15%Same areaBottom 46%CitywideBottom 5%

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

15-716 Corydon Avenue — 38 amenities found within 500 m, across 6 categories, including 29 dining (nearest 51 m), 1 education (nearest 384 m), 3 shopping (nearest 125 m).

Search radius
🍽️Dining29
🏫Education1
🛒Shopping3
🌳Parks3
💪Sports1
Worship1

Crime & Safety

Earl Grey · WPS public data · 2026

Annual incidents

46

2026

vs. city avg

+56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

63%

Sales History

Sold 7/2016CA$100k–150k
Sold price

Same street

Bottom 13%

Same area

Bottom 41%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 15-716 Corydon Avenue, Winnipeg

Property Overview & Key Characteristics

This property at 15-716 Corydon Avenue is a compact, no-frills home built in 1956, situated in Winnipeg's Earl Grey neighbourhood. Its primary appeal lies in its exceptionally low financial barrier to entry, as reflected by its assessed value of $13,300, which ranks in the top 2% lowest in the entire city. The 585 sqft living area is very modest, placing it among the smallest properties locally. It has no basement, garage, or pool.

The home suits a very specific buyer: investors or hands-on individuals looking for the most affordable entry point into the Winnipeg market, possibly for rental purposes or as a minimalist living project. Its top-tier location ranking (top 1% on its street and top 0% in its neighbourhood) suggests the appeal is almost entirely in the land and location rather than the structure itself. A thoughtful perspective is that this represents a pure value play on the lot, offering a chance to own in a well-ranked area where the cost is almost entirely tied to the land, with the existing structure having negligible value.


Frequently Asked Questions

1. Why is the assessed value so much lower than nearby properties?
The assessed value is significantly lower primarily due to the home's very small size (585 sqft) and age, indicating the valuation is heavily weighted toward the land value rather than the structure.

2. What does the "top 1% in same street" ranking mean?
This ranking refers to the property's value, not its quality. It means this home has one of the lowest assessed values on Corydon Avenue, placing it in the top 1% for affordability on that street.

3. Who would this property be most suitable for?
It is best suited for investors, developers, or extremely budget-conscious buyers seeking a tear-down or major renovation project. Its low cost makes it a potential entry point for building new or holding the land for future use.

4. Are the "For Reference" and "Worth Viewing" properties comparable?
No, they are provided for context. Most listed have significantly larger living areas and higher values, highlighting how this listing is an outlier in terms of size and price point in the broader area.

5. What are the main drawbacks to consider?
The extremely small living space and lack of a basement or garage are significant limitations for traditional family living. Any buyer should budget for updates or repairs, as the home is 70 years old and the last recorded sale was in 2016.

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