Property score
52.2
Fair
Overall 52.2 · Smaller but newer than most nearby homes
765 sqft (bottom 7%) · Built in 1949 (8 yrs newer than avg)
Located in a high-income area with median household income of ~95k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 3 schools, 1 shop, and 5 parks nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 87%French · 5%
Past 10 years Elm Park sales snapshot (~80% of all data)
220
401.5k
$424/sqft
1941
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52.2 is composed by the two sections below.
Property Score
Community Score
Elm Park
How to read: Share of sales in each ~$50k price band for “elm park” (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: #46110617
$95K
Median household income
$108K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
23%
Single-person households
26%
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
54 Glenlawn Avenue — 15 amenities found within 500 m, across 5 categories, including 5 dining (nearest 223 m), 3 education (nearest 113 m), 1 shopping (nearest 261 m).
Elm Park · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 48% | Bottom 47% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 54 Glenlawn Avenue in Winnipeg's Elm Park neighbourhood presents a specific and practical opportunity. Its key characteristic is its compact size, with 765 sqft of living space, which is notably smaller than most homes on its street and in the area. This is balanced by a renovated basement and a detached garage on a standard city lot of just over 5,200 sqft. Built in 1949, the home is older than many in Elm Park but typical for its street.
The appeal lies in its efficiency and potential as an affordable entry point into a well-established neighbourhood. It suits buyers looking for a manageable, low-maintenance footprint without the upkeep of a larger house—ideal for a first-time buyer, a downsizer, or an investor. The renovated basement adds functional space, a valuable asset in a smaller home. A thoughtful perspective is that while the house itself is modest, you are purchasing the land and location within a mature community, which often holds long-term value. Its below-average assessed value relative to the immediate area suggests a potentially lower property tax burden, an important but less obvious financial consideration.
Frequently Asked Questions
Is the house too small?
At 765 sqft, it is significantly smaller than the neighbourhood average. It will suit those who prioritize efficient living and lower utility costs, but may feel cramped for those needing multiple dedicated rooms or extensive storage.
What does "renovated basement" mean?
The listing confirms the basement is renovated but does not specify the extent or quality. A professional inspection is recommended to understand the finish, ceiling height, moisture control, and whether it's a legal suite or simply finished living space.
How does the assessed value compare to the sale price?
The home last sold in August 2022 for $32,500 and currently carries an assessed value of $30,700. This close alignment suggests municipal assessment is in step with recent market activity, but the current market value will be determined by today's conditions.
What is Elm Park like as a neighbourhood?
Elm Park is a mature, central Winnipeg neighbourhood. The property's metrics show it sits among older, varied homes, indicating a long-established, stable community character rather than a new subdivision.
Is the detached garage a major benefit?
Yes, especially for a smaller home. A detached garage provides essential storage for vehicles and seasonal items, freeing up the compact living area inside the house. It is a practical asset not all older, smaller homes possess.
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