672 Garwood Avenue

Earl Grey, Winnipeg

Property score

46.9

Below average

Overall 46.9 · Smaller than most nearby homes

704 sqft (bottom 5%) · Built in 1924 (4 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: 18 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby

Living Area

Below average

42% smaller than neighborhood avg.

Year Built

Near average

4 yrs older 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

46.9 is composed by the two sections below.

Property Score

26.5Low
Living Area22
704 sqftLow
Year Built20
1924Low
Lot Size38
3,492 sqftLow
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

below average
704 sqft
0255075100
Same streetBottom 12%Same areaBottom 5%CitywideBottom 4%
Same street · Garwood Avenue
#203 / 232
Bottom 12% · Avg 1,049 sqft
Same area · Earl Grey
#1,172 / 1,239
Bottom 5% · Avg 1,206 sqft
Citywide · Winnipeg
#186,514 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
315k
0255075100
Same streetTop 42%Same areaTop 45%CitywideBottom 34%
Same street · Garwood Avenue
#97 / 232
Top 42% · Avg 314.7k
Same area · Earl Grey
#553 / 1,239
Top 45% · Avg 319.3k
Citywide · Winnipeg
#128,657 / 194,458
Bottom 34% · Avg 390.1k

Year Built

around average
1924
0255075100
Same streetBottom 40%Same areaTop 35%CitywideBottom 15%

Lot Size

around average
3,492 sqft
0255075100
Same streetTop 42%Same areaTop 34%CitywideBottom 19%

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

672 Garwood Avenue — 28 amenities found within 500 m, across 7 categories, including 18 dining (nearest 249 m), 1 education (nearest 153 m), 1 healthcare (nearest 325 m).

Search radius
🍽️Dining18
🏫Education1
🏥Healthcare1
🛒Shopping2
🌳Parks2
Fuel Stations2
Worship2

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 9/2020CA$200k–250k
Sold price

Same street

Bottom 17%

Same area

Bottom 20%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 672 Garwood Avenue, Winnipeg

Property Overview

This 1924-built, one-storey home on Garwood Avenue in Earl Grey presents a compact and efficient living space. At 704 square feet, it is notably smaller than most homes in the area, city, and on its own street, positioning it as a more affordable entry point into a desirable neighbourhood. Its key appeal lies in this combination of location and value. The home sits on a standard city lot and features a renovated basement, adding functional space. With no garage, parking is likely street-only. The property last sold in September 2020 for $240,000, and its current assessed value is significantly lower at $31,500, which is typical for the immediate area but below the wider city average.

This home would best suit first-time buyers, downsizers, or investors seeking a lower-maintenance property in a central, established neighbourhood without a large footprint. Its size and layout make it a practical, no-frills option for those who prioritize location over space and are comfortable with a character home's trade-offs. A thoughtful perspective is that its smaller scale offers reduced utility costs and less upkeep, aligning with a simpler, more sustainable lifestyle. However, buyers should be prepared for the realities of an older home and consider the potential for future updates.

Frequently Asked Questions

1. Why is the assessed value so much lower than the last sale price?
Assessed values in Manitoba are primarily for municipal tax purposes and often do not reflect current market value. The 2020 sale price is a more accurate indicator of its recent market worth, while the assessment suggests its tax valuation is consistent with other homes on Garwood Avenue.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This should be a key point for verification during a viewing to understand if it’s a finished living space, a modern utility area, or includes a legal suite.

3. How does the smaller living area impact daily life?
At 704 sqft, this is a compact home. Efficient use of space is essential. The renovated basement will be crucial for storage or additional living area. It suits a minimalist lifestyle but may feel cramped for those with a lot of possessions or who work from home without a dedicated main-floor office.

4. What are the implications of having no garage?
Parking will be on-street. This means dealing with winter parking bans, ensuring clear access for snowplows, and a lack of sheltered storage or a workspace for tools or vehicles. The lot size is standard, so adding a garage in the future may be possible, subject to zoning and permits.

5. The home is older—what should I be most concerned about?
Built in 1924, major systems like the roof, plumbing, electrical, and foundation should be professionally inspected. While the basement is renovated, the underlying structure and waterproofing of a century-old home are vital checkpoints. Updates may have been made, but understanding the condition of original elements is key.