Property score
66.1
Good
Overall 66.1 · Compared with neighbourhood average
1,149 sqft (bottom 42%) · Built in 1960 (1 yr older than avg)
Located in a high-income area with median household income of ~91k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 21 dining spots, 1 school, 6 shops, and 2 parks nearby
Living Area
Near average
12% smaller 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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66.1 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
121 Peony Avenue — 37 amenities found within 500 m, across 7 categories, including 21 dining (nearest 255 m), 1 education (nearest 330 m), 6 shopping (nearest 277 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 26% | Bottom 38% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 121 Peony Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This 1960-built, three-level split home sits on a standard 5,500 sqft lot in Winnipeg's Garden City neighborhood. With 1,149 sqft of living space and a renovated basement, it presents a practical, no-frills offering. Its key appeal lies in its position as a straightforward, mid-century home in an established area, requiring minimal immediate upgrades. The detached garage adds functional value.
The home’s metrics are consistently "around average" for its immediate street and the broader city in terms of size, age, and lot dimensions. However, its assessed value is notably below average for both Peony Avenue and Garden City, which could signal an opportunity for value-conscious buyers or indicate a pricing adjustment based on specific property conditions. It would suit first-time buyers, downsizers, or investors looking for an affordable entry into a stable neighborhood without the premium for a modern layout or above-average square footage. Its recent sale history suggests it’s a actively traded property within its price bracket.
Section 2: Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. While its assessed value ranks in the bottom quarter for the local area, this often reflects the home’s specific attributes and market positioning rather than an inherent problem. It can represent a more affordable entry point, but it’s wise to understand what factors (e.g., finishes, exact location on the block) contribute to this assessment.
2. What does the "renovated basement" typically include?
The listing notes a renovated basement, a valuable feature in a home of this era. Prospective buyers should inquire about the scope, permits, and quality of this renovation, as finishes and compliance can vary widely.
3. How does the three-level split layout function in daily life?
This classic 1960s design often features short flights of stairs between levels, creating defined zones but requiring more stair navigation than a bungalow or two-story. It suits those who like separation between living, sleeping, and utility areas.
4. Are the sold price ranges provided exact?
No. The listed prices (e.g., $28.5k ~ $31.5k for 12/2020) are estimated ranges from public data. The exact sale price is available upon direct request to the site, as noted in the details.
5. How does the lot size compare?
At 5,497 sqft, the lot is average for Peony Avenue but below average for the wider Garden City area. This means outdoor space is adequate for a home of this size but may be smaller than some other properties in the neighborhood.
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