738 Warsaw Avenue

Earl Grey, Winnipeg

Property score

60.9

Fair

Overall 60.9 · Compared with neighbourhood average

1,239 sqft (top 41%) · Built in 1912 (16 yrs older than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 29 dining spots, 2 schools, 3 shops, and 3 parks nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Below average

16 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

60.9 is composed by the two sections below.

Property Score

52.1Fair
Living Area66
1,239 sqftGood
Year Built16
1912Low
Lot Size38
3,065 sqftLow
Neighbourhood Sales Activity71
Good

Community Score

74.0Good
Household Income74
Good
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need63
Fair
Employment Health83
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: #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
1,239 sqft
0255075100
Same streetTop 37%Same areaTop 41%CitywideTop 47%
Same street · Warsaw Avenue
#128 / 343
Top 37% · Avg 1,167 sqft
Same area · Earl Grey
#510 / 1,239
Top 41% · Avg 1,206 sqft
Citywide · Winnipeg
#90,597 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

below average
247k
0255075100
Same streetBottom 9%Same areaBottom 21%CitywideBottom 16%
Same street · Warsaw Avenue
#312 / 343
Bottom 9% · Avg 335.2k
Same area · Earl Grey
#980 / 1,239
Bottom 21% · Avg 319.3k
Citywide · Winnipeg
#162,409 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetBottom 31%Same areaBottom 39%CitywideBottom 8%

Lot Size

around average
3,065 sqft
0255075100
Same streetBottom 31%Same areaTop 46%CitywideBottom 13%

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

738 Warsaw Avenue — 41 amenities found within 500 m, across 7 categories, including 29 dining (nearest 210 m), 2 education (nearest 174 m), 3 shopping (nearest 204 m).

Search radius
🍽️Dining29
🏫Education2
🛒Shopping3
🌳Parks3
💪Sports1
Fuel Stations1
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 6/2017CA$200k–250k
Sold price

Same street

Bottom 5%

Same area

Bottom 15%

City-wide

Bottom 17%

Related homes

Highlights & common questions: 738 Warsaw Avenue, Winnipeg

Property Overview: 738 Warsaw Avenue, Earl Grey, Winnipeg

Key Characteristics & Appeal

This is a classic one-and-a-half storey home in the established Earl Grey neighbourhood, built in 1912. With 1,239 square feet of living space, it sits on a standard city lot and features a basement that is present but not renovated. The home lacks a garage or pool. Its core appeal lies in its position within a mature, central community and its notably low municipal assessed value, which is significantly below averages for the street, neighbourhood, and city. This suggests a potentially accessible entry point into the market.

The property would suit a specific type of buyer: those seeking a character home in a central location who are prepared for a project. It is a candidate for a live-in renovation, appealing to handy first-time buyers or investors looking for a value-add opportunity. The low assessment, while indicating a need for updates, also presents a scenario where significant improvements could translate to substantial equity growth. A thoughtful perspective is that its "below average" metrics are precisely what create its opportunity, offering a chance to customize a century-old home without the premium price of a fully updated property in the area.


Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's current state. The notation that the basement is "not renovated" is a key factor, and the overall condition likely reflects the need for modernization, which is factored into the official valuation.

2. What does "one & 1/2 storey" typically mean for a home of this era?
This style usually features a main floor with principal rooms and a second floor under sloped roofs, creating cozy bedrooms with potentially unique layouts. It is a common architectural style for Winnipeg homes built in the early 1900s.

3. Is the lack of a garage a major concern?
It is a consideration for vehicle storage and workshop space. However, on-street parking is typical in the area. Buyers would need to evaluate their personal storage needs and the feasibility of adding a garage or shed in the future, subject to local bylaws.

4. How does the 2017 sale price relate to the current assessed value?
The home sold for $22,800 in 2017. The current assessed value of $24,700 shows a modest increase in its official valuation over that period, which may reflect market trends and the city's assessment model rather than specific improvements made to the property.

5. What are the implications of an unrenovated basement?
This indicates the lower level is in original or utility condition. It presents both a project and a blank slate. Buyers should budget for potential moisture management, insulation, framing, and finishing to create livable space, and will want to investigate its suitability for these upgrades.