Property score
40.2
Below average
Overall 40.2 · Smaller and older than most nearby homes
328 sqft (bottom 2%) · Built in 1913 (61 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 20 dining spots, 2 schools, 2 healthcare facilitys, and 4 shops nearby
Living Area
Below average
58% smaller than neighborhood avg.
Year Built
Below average
61 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 3%
Past 10 years Earl Grey sales snapshot (~80% of all data)
78
135k
$237/sqft
1974
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40.2 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110392
$85K
Median household income
$90K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
32%
Single-person households
26%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
15-775 Mulvey Avenue — 34 amenities found within 500 m, across 7 categories, including 20 dining (nearest 246 m), 2 education (nearest 183 m), 2 healthcare (nearest 372 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Bottom 9% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This is a compact, 328-square-foot condominium on Mulvey Avenue in Winnipeg's Earl Grey neighbourhood. Its primary appeal lies in its exceptionally low financial barrier to entry, reflected in a very modest assessed value. The property is one of the oldest on its street, built in 1913, which suggests a classic building with potential character, but also implies a need for careful attention to maintenance and updates.
The unit would suit a specific type of buyer: a first-time purchaser seeking the lowest possible point of entry into homeownership, an investor looking for a minimal-cost rental property, or someone seeking an ultra-minimalist lifestyle close to central Winnipeg. Its size makes it unsuitable for anyone needing space for possessions or regular guests. A thoughtful perspective is that this property represents pure "shelter value"—the cost is almost entirely for location and a roof, not for square footage or modern amenities. It offers a chance to build equity with a very small initial investment, but the trade-off is significant space constraints and the responsibilities of an older building.
Frequently Asked Questions
1. Is this a legal condominium?
Yes, the listing is for a condominium unit, meaning you would own the interior space and a share of the common elements. It's crucial to review the condo corporation's financial health, rules, and reserve fund.
2. Why is the assessed value so much lower than other homes?
The assessed value is low primarily due to the extremely small living area (328 sq ft), which ranks in the bottom tier city-wide. Value is driven by size, condition, and location.
3. What should I be aware of with a building from 1913?
While charming, a 113-year-old building requires diligent inspection. Potential concerns could include outdated wiring or plumbing, insulation standards, and the overall condition of the shared roof and foundation. Condo fees should adequately cover a robust reserve fund for major repairs.
4. How do the condo fees compare, and what do they cover?
This information is not provided in the data. You must obtain a current status certificate, which will detail the monthly fees and exactly what utilities (like water, heat), insurance, and maintenance they cover.
5. How does the recent sale history affect the price?
The unit last sold in October 2021 for $8,800. This recent sale provides a concrete market benchmark, suggesting the current assessed value of $7,600 is in a similar, very low range. The price will be influenced by current market conditions and any changes made to the unit since 2021.
