Property score
59.2
Fair
Overall 59.2 · Compared with neighbourhood average
1,120 sqft (bottom 43%) · Built in 1912 (16 yrs older than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 32 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 3%
Past 10 years Earl Grey sales snapshot (~80% of all data)
529
295k
$299/sqft
1928
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59.2 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” (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: #46110415
$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
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
647 Garwood Avenue — 42 amenities found within 500 m, across 8 categories, including 32 dining (nearest 216 m), 1 education (nearest 176 m), 1 healthcare (nearest 365 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 40% | Top 42% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1,120 sqft one-and-a-half storey home, built in 1912, sits on a 2,656 sqft lot in Winnipeg's Earl Grey neighbourhood. It features a renovated basement and sold in August 2024 for $320,000. The data presents a compelling contrast: its living space is generally around average for its area, but its assessed value is notably low compared to nearby homes. This combination defines its key characteristics and appeal.
Key Characteristics & Appeal
The primary appeal of 647 Garwood Avenue lies in its value proposition within a well-established neighbourhood. Its recently renovated basement adds modern livability to a classic home footprint. The lot size, while below the citywide average, is fairly typical for Earl Grey, offering manageable outdoor space.
This property would suit a specific type of buyer: those seeking an entry point into a desirable area like Earl Grey, who are comfortable with a home whose official assessed value is significantly lower than its recent sale price. This could appeal to a pragmatic first-time buyer, an investor looking for a character home with updated fundamentals, or someone who values location over sheer size and is prepared for the nuances of an older home. A less obvious perspective is that the low assessment, while not directly dictating market value, may hint at property tax savings relative to neighbouring homes with similar market prices, which is a tangible long-term benefit.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sale price?
Assessed values for property tax purposes often lag behind current market conditions and are based on mass appraisal techniques. A recent sale price is the clearest indicator of a home's current market value.
2. What does "one-and-a-half storey" mean for this home?
This style typically features a main floor with full-height ceilings and a second floor under sloping roof lines, often creating cozy bedrooms with unique character. It's a classic Winnipeg architectural style.
3. Is the renovated basement a legal suite?
The listing states it is a renovated basement, but does not specify it as a legal secondary suite. A buyer should verify its compliance with local codes and regulations if considering rental income.
4. How does the living area compare to nearby homes?
At 1,120 sqft, the living area is around the average for both Garwood Avenue and the wider Earl Grey neighbourhood, suggesting it offers a standard amount of space for the area.
5. What are the implications of the home being built in 1912?
While offering classic charm, a home of this age requires a buyer to be mindful of potential updates needed to older systems like wiring or plumbing. A thorough inspection is essential.
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