587 Garwood Avenue

Earl Grey, Winnipeg

Property score

76.7

Good

Overall 76.7 · Larger and newer than most nearby homes

2,028 sqft (top 3%) · Built in 1954 (26 yrs newer than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 24 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

68% larger than neighborhood avg.

Year Built

Above average

26 yrs newer than neighborhood avg.

Mother tongue

English · 78%Tagalog · 3%

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

Sold Count

529

Median price

295k

$/sqft

$299/sqft

Avg build year

1928

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Property score

76.7 is composed by the two sections below.

Property Score

76.2Good
Living Area94
2,028 sqftExcellent
Year Built36
1954Low
Lot Size60
4,924 sqftFair
Neighbourhood Sales Activity71
Good

Community Score

77.4Good
Household Income74
Good
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need76
Good
Employment Health90
Excellent

Neighbourhood Sales

Earl Grey

How to read: Share of sales in each ~$50k price band for “earl grey” (Detached houses (non-condo), 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: #46110415

Community deep dive

$75K

Median household income

$81K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

38%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)566
Labour force participation rate82%
Median age36.0
Avg household size2.1
Unemployment rate9%
Population density3537 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households38%
Couple families with children14%
Median household income (2020)$75K

Housing

Renter households35%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority21%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

Elite
2,028 sqft
0255075100
Same streetTop 1%Same areaTop 3%CitywideTop 10%
Same street · Garwood Avenue
#2 / 232
Top 1% · Avg 1,049 sqft
Same area · Earl Grey
#36 / 1,239
Top 3% · Avg 1,206 sqft
Citywide · Winnipeg
#19,843 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
407k
0255075100
Same streetTop 13%Same areaTop 13%CitywideTop 37%
Same street · Garwood Avenue
#30 / 232
Top 13% · Avg 314.7k
Same area · Earl Grey
#157 / 1,239
Top 13% · Avg 319.3k
Citywide · Winnipeg
#71,270 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 14%Same areaTop 12%CitywideBottom 33%

Lot Size

Elite
4,924 sqft
0255075100
Same streetTop 5%Same areaTop 6%CitywideBottom 42%

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

587 Garwood Avenue — 33 amenities found within 500 m, across 7 categories, including 24 dining (nearest 39 m), 1 education (nearest 405 m), 1 healthcare (nearest 408 m).

Search radius
🍽️Dining24
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
Fuel Stations3
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 4/2021CA$350k–400k
Sold price

Same street

Top 17%

Same area

Top 20%

City-wide

Top 41%

Related homes

Highlights & common questions: 587 Garwood Avenue, Winnipeg

Property Overview

This two-storey home at 587 Garwood Avenue in Winnipeg's Earl Grey neighbourhood presents a compelling blend of space, location, and established character. Its key appeal lies in its generous proportions relative to its surroundings. With over 2,000 square feet of living space, the home is significantly larger than most in the immediate area and ranks in the top tier locally for both interior space and its nearly 5,000 sqft lot. The basement has been renovated, adding to the functional space, and the property includes a detached garage.

The home would suit buyers looking for established neighbourhood charm without sacrificing room to grow. It's ideal for a family seeking more square footage and yard space than is typical in Earl Grey, or for someone who values a home that stands above the neighbourhood average in size and lot dimensions. Its 1954 build date is also newer than many area homes, potentially suggesting updates or a different layout style than much older stock. The appeal is one of relative value: acquiring a top-tier property in its micro-market, offering a sense of space and privacy that is uncommon on the street.

Frequently Asked Questions

How does the home's size compare to others nearby?
The living area is notably larger, ranking in the top 1% on Garwood Avenue and the top 3% in Earl Grey. It is approximately double the average living area of comparable homes on the street.

What is the significance of the assessed value?
The assessed value of $40.70k is above average for both the street and the Earl Grey neighbourhood. It's important to note that this is a value for taxation purposes; market sale price is determined by current conditions and buyer demand.

Is the lot size a major feature?
Yes. The land area ranks in the top 5% on Garwood Avenue, meaning the lot is substantially larger than most neighbours'. This offers greater outdoor space and potential.

The home was built in 1954. What should I consider?
While newer than the neighbourhood average (many homes date to the 1930s), a 70-year-old home will still require diligent inspection for its major systems, such as plumbing, electrical, and the roof, to understand its current condition and any upcoming needs.

What does the sale history indicate?
The property last sold in April 2021 for $370k. This provides a recent market benchmark, but the value today will be influenced by changes in the market, any improvements made since then, and current interest rates.