Property score
40.2
Below average
Overall 40.2 · Smaller and older than most nearby homes
357 sqft (bottom 4%) · 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
55% 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
3-775 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%
3-775 Mulvey Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Summary: 3-775 Mulvey Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This property is a unique offering defined by its exceptionally low municipal assessed value of $8,200, which ranks it in the bottom 1% of all properties in Winnipeg, the Earl Grey neighbourhood, and even its own street. Built in 1913, its primary characteristic is a very small living area of 357 square feet. The listing indicates no basement, pool, or garage.
Its appeal lies almost entirely in its land value and redevelopment potential within the desirable Earl Grey area. It represents a minimal entry point into a mature, established neighbourhood. This property would not suit a typical homebuyer seeking a move-in ready house. Instead, it is a highly specialized opportunity suited for a developer, investor, or very hands-on buyer looking for a land parcel or a total tear-down/rebuild project. A less obvious perspective is its potential utility for someone seeking to build a small, highly customized dwelling from scratch, where the existing structure is irrelevant. Given the tiny living area and low assessment, the existing structure may be a small cottage, suite, or may have significant limitations.
Section 2: Frequently Asked Questions (FAQs)
1. What exactly am I buying here?
You are primarily purchasing a land parcel in Earl Grey. The existing 357 sqft structure, given its age and assessed value, likely contributes very little to the property's price and may be considered a tear-down by most buyers.
2. Why is the assessed value so low?
A municipal assessment this low typically reflects the assessed value of the land minus a significant depreciation for a very old, small, or potentially compromised structure. It is a strong indicator that the city assesses the existing building as having negligible value.
3. Can I live in it while planning a rebuild?
This depends entirely on the current condition, which is not detailed here. Given the data, it is crucial to assume the structure may not be habitable without significant and immediate investment. An in-person inspection is essential.
4. What are the main challenges with a property like this?
The challenges are substantial: financing can be difficult for tear-downs, renovation/rebuild costs will far exceed the purchase price, and you must thoroughly investigate zoning bylaws, heritage designations (if any), and permit requirements for new construction before purchasing.
5. How do the "comparable" listings relate to this property?
The listed comparisons with similar assessed values (~$8k) are likely other very small or vacant lots across the city. The comparisons within Earl Grey with much higher values and larger living areas (e.g., 796 Jessie Ave) highlight what typical homes in the neighbourhood are worth, underscoring that this property's value is purely in its land location.
