720 Warsaw Avenue

Earl Grey, Winnipeg

Property score

55.8

Fair

Overall 55.8 · Older than most nearby homes

1,082 sqft (bottom 35%) · Built in 1910 (18 yrs older than avg)

Located in a above-average income area with median household income of ~74k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 30 dining spots, 2 schools, 3 shops, and 3 parks nearby

Living Area

Below average

10% smaller than neighborhood avg.

Year Built

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 2%

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

55.8 is composed by the two sections below.

Property Score

43.7Low
Living Area1,082 sqft52Fair
Year Built191010Low
Lot Size3,542 sqft46Low
Neighbourhood Sales Activity71Good

Community Score

74.0Good
Household Income74Good
Education Level91Excellent
Housing Stress42Low
Core Housing Need63Fair
Employment Health83Excellent

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: #46110393

Community deep dive

$74K

Median household income

$75K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

43%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)500
Labour force participation rate72%
Median age37.2
Avg household size1.9
Unemployment rate6%
Population density7142 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households43%
Couple families with children13%
Median household income (2020)$74K

Housing

Renter households63%
Condominium dwellings0%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority31%
Bachelor's or higher (25–64)52%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,082 sqft
0255075100
Same streetBottom 40%Same areaBottom 35%CitywideBottom 38%
Same street · Warsaw Avenue
#206 / 343
Bottom 40% · Avg 1,167 sqft
Same area · Earl Grey
#802 / 1,239
Bottom 35% · Avg 1,206 sqft
Citywide · Winnipeg
#121,296 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
337k
0255075100
Same streetTop 44%Same areaTop 33%CitywideBottom 42%
Same street · Warsaw Avenue
#151 / 343
Top 44% · Avg 335.2k
Same area · Earl Grey
#411 / 1,239
Top 33% · Avg 319.3k
Citywide · Winnipeg
#113,671 / 194,458
Bottom 42% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 11%Same areaBottom 20%CitywideBottom 6%

Lot Size

above average
3,542 sqft
0255075100
Same streetBottom 46%Same areaTop 28%CitywideBottom 20%

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

720 Warsaw Avenue — 41 amenities found within 500 m, across 7 categories, including 30 dining (nearest 193 m), 2 education (nearest 168 m), 3 shopping (nearest 197 m).

Search radius
🍽️Dining30
🏫Education2
🛒Shopping3
🌳Parks3
💪Sports1
Fuel Stations1
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 3/2020CA$300k–350k
Sold price

Same street

Top 46%

Same area

Top 39%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 720 Warsaw Avenue, Winnipeg

Property Overview: 720 Warsaw Avenue, Earl Grey, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1910, presents a classic character home opportunity in the established Earl Grey neighbourhood. With 1,082 sqft of living space on a 3,542 sqft lot, its metrics are consistently "around average" for its immediate street and area, suggesting it fits comfortably within the local context without standing out for extreme size or value. Its assessed value is notably modest compared to city-wide averages, which may indicate a lower property tax burden relative to many Winnipeg homes.

The primary appeal lies in its location and potential. The lot size is above average for Earl Grey, offering valuable outdoor space in a mature neighbourhood. As a 116-year-old home with an unrenovated basement and no garage, it is not a move-in-ready modern showpiece. Instead, it suits a specific buyer: someone seeking an affordable entry into a desirable area, willing to take on a project. This could be a first-time buyer, an investor looking for a character rental, or a homeowner with a vision for gradual, sweat-equity renovations. Its age and condition suggest that its true value is unlocked through personalization and updates, making it less appealing to those seeking immediate convenience or new construction.

Section 2: Frequently Asked Questions

1. What does "around average" for key metrics really mean for a buyer?
It means this home is typical for Warsaw Avenue and Earl Grey in terms of size and official value. You're not paying a premium for exceptional square footage, nor are you getting a deeply discounted outlier. It represents a stable, mid-range property within its specific community.

2. How significant is the "unrenovated basement"?
This is a major factor. It likely means the basement is in original or utility-only condition, lacking finished living space. It presents both a cost (for any desired upgrades) and an opportunity (to customize insulation, layout, and systems without undoing previous work).

3. The home is older than most on the street. Should I be concerned?
Its 1910 build date places it in the oldest third of homes locally. This typically means charming character but also necessitates thorough inspections for foundational integrity, outdated wiring or plumbing, and historical maintenance standards. Budgeting for these inherent issues is crucial.

4. With no garage, what are the parking options?
The property likely relies on street parking. It's wise to check local bylaws for any restrictions and observe parking availability at different times to gauge convenience.

5. The assessed value seems low compared to the last sale price in 2020. Why?
Municipal assessed value for tax purposes often lags behind market sale prices and doesn't always correlate directly. The sale price from 2020 reflects the market at that time, while the assessment is an administrative valuation. A current market evaluation is essential to understand its true listing or offer value.

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