72.8
Good
Property score
72.8
Good
Overall 72.8
Larger than most nearby homes
1,432 sqft (top 21%)
Built in 1960 (1 yr older than avg)
Located in a high-income area
with median household income of ~91k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 5 parks, and 3 sports facilitys nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Near average
1 yrs older 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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72.8 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
12 Iris Street — 10 amenities found within 500 m, across 3 categories, including 2 education (nearest 96 m), 5 parks (nearest 285 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 | Top 43% | Top 22% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 12 Iris Street in Winnipeg's Garden City neighborhood presents a practical and comfortable living opportunity. Its key appeal lies in offering solid, well-proportioned space on a good-sized lot, all within a stable and established community.
Key Characteristics & Ideal Buyer
The 1,432 sqft bungalow sits on a 6,046 sqft lot, providing ample indoor and outdoor space. A recently renovated basement adds valuable finished living area and potential. With an attached garage and a 1960 build date, it is a classic, low-profile home that has been maintained.
Its primary appeal is balance. The living space is notably above average for both its immediate street and the Garden City area, offering more room than many comparable properties. The lot size is a particular standout city-wide, placing it in the top 30% of Winnipeg, which is a significant advantage for privacy, gardening, or future expansion. The assessed value is consistently average for its context, suggesting it is priced in line with market expectations without premium or discount surprises.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing square footage. It’s also a strong match for a value-conscious buyer who prioritizes a larger lot over a newer build, seeing the potential in the land itself and the updated basement. It’s a home for someone seeking a straightforward, grounded property in a no-fuss neighborhood.
Frequently Asked Questions
1. How does the size of this home compare to others?
The living area is a key strength. At 1,432 sqft, it is larger than the average home on Iris Street and in the broader Garden City area, placing it in the top 21-26% locally for space.
2. Is the lot size typical?
The lot is a significant feature. While average for the local area, it is considered above average (top 30%) when compared to the entire city of Winnipeg, offering more outdoor space than most properties.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finishes. This would be a key point for a buyer to clarify regarding the quality, layout, and permits for the work done.
4. The home was built in 1960. What should I consider?
While the systems and structure are now 66 years old, the home's age is very typical for Garden City. The renovated basement is a positive update. A thorough inspection would be advisable to understand the condition of major components like the roof, plumbing, and electrical.
5. How is the property valued relative to the area?
The assessed value is consistently around the average mark for Iris Street, Garden City, and Winnipeg as a whole. This indicates the property is not an outlier—it’s valued squarely within the expected range for its type and location, which can provide a sense of stability.
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