Property score
66.5
Good
Overall 66.5 · Compared with neighbourhood average
1,113 sqft (bottom 34%) · Built in 1961
Located in a high-income area with median household income of ~91k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 2 schools, 2 shops, and 2 parks nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 59%Tagalog · 17%
Past 10 years Garden City sales snapshot (~80% of all data)
616
411k
$361/sqft
1961
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66.5 is composed by the two sections below.
Property Score
Community Score
Garden City
How to read: Share of sales in each ~$50k price band for “garden city” (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: #46110035
$91K
Median household income
$104K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
22%
Single-person households
28%
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
1 Peony Avenue — 27 amenities found within 500 m, across 5 categories, including 11 dining (nearest 410 m), 2 education (nearest 366 m), 2 shopping (nearest 330 m).
Garden City · WPS public data · 2026
Annual incidents
45
2026
vs. city avg
+53%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
69%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Bottom 41% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1 Peony Avenue, Garden City, Winnipeg
Key Characteristics & Appeal
This one-storey bungalow, built in 1961, sits on a spacious 5,499 sqft lot in Winnipeg's Garden City neighborhood. With 1,113 sqft of living space and a renovated basement, it offers a practical, single-level layout. The home's standout characteristic is its value proposition: its assessed value is notably below average for its immediate street and neighborhood, yet it sits on a lot size that is above average for Peony Avenue. This creates an interesting dynamic where the land may hold more inherent value than the current structure suggests.
Its appeal lies in its potential and practicality. The renovated basement adds immediate livable space, making it suitable for those needing a guest area, home office, or recreational room. The generous lot size for the area is a significant asset, offering room for gardening, play, or future expansion. This property would suit first-time buyers, downsizers looking for a manageable single-level home, or value-oriented investors who see potential in the lot size and the below-average assessment relative to the area. It’s a home that offers a solid foundation in a established community without a premium price tag.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value is below the average for both Peony Avenue and the wider Garden City area. This typically reflects the home's older structure, modest size, and the fact that assessment models weigh recent renovations (like the basement) differently than original builds. It can indicate a purchase opportunity.
2. What does the "renovated basement" entail?
The listing specifies a renovated basement, which generally means it is finished as livable space. For precise details on the quality, permits, and nature of the renovation (e.g., moisture control, ceiling height, legal egress), a viewing and inquiry with the seller or their agent is necessary.
3. Is the large lot a major advantage?
Yes, especially on this street. The lot is larger than most on Peony Avenue, providing more outdoor privacy and space than you might expect. This is a less obvious perk that adds long-term value and utility, whether for personal use or future property improvements.
4. How does living area compare to nearby homes?
At 1,113 sqft, the living area is slightly below the average for Garden City but is quite typical for Peony Avenue itself. It represents a comfortable size for a bungalow, with the renovated basement effectively adding to the total usable space.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. To obtain the exact sale price from its last transaction in April 2023, you can use the email request service provided on the listing page. They provide this data manually without using your email for marketing.
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