72.8
Good
Property score
72.8
Good
Overall 72.8
Larger than most nearby homes
1,374 sqft (top 24%)
Built in 1960 (1 yr older than avg)
Located in a high-income area
with median household income of ~111k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 6 parks, 5 sports facilitys, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
5% larger than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 60%Tagalog · 15%
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: #46110033
$111K
Median household income
$106K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
16%
Single-person households
39%
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
15 Iris Street — 14 amenities found within 500 m, across 4 categories, including 2 education (nearest 153 m), 6 parks (nearest 274 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 43% | Top 48% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 15 Iris Street, Garden City, Winnipeg
Key Characteristics & Appeal
This is a well-positioned, one-storey home in Winnipeg's Garden City neighbourhood. Built in 1960, it offers 1,374 sqft of living space and sits on a generous 6,068 sqft lot. A key feature is its renovated basement, adding functional living area, and it includes a detached garage. The home’s standout characteristic is its assessed value of $400,000, which ranks it in the top 5% on its own street and the top 12% within Garden City, suggesting a property that is highly valued relative to its immediate peers.
Its appeal lies in offering above-average space and land for the area, combined with the modern convenience of a renovated lower level. The data indicates it’s a home that outperforms many local comparables in terms of value and lot size, offering a sense of solidity and investment within the community. It would suit practical buyers looking for a move-in-ready, single-level layout with ample outdoor space, as well as value-conscious purchasers who appreciate a home with strong assessed metrics relative to its neighbours. The detached garage is a plus for those needing workshop space or extra storage.
Frequently Asked Questions
1. How does the home’s value compare to recent sales?
The home last sold in October 2020 for an estimated range of $315,000-$345,000. Its current assessed value of $400,000 is significantly higher, reflecting market changes and possibly the renovated basement. It ranks above average for value in its area.
2. Is the living space larger than other homes nearby?
Yes. With 1,374 sqft, it is above the average for both Garden City and citywide benchmarks, placing it in the top quarter to third of homes for living area in those comparisons.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and scope of the updates.
4. How does the lot size compare?
The lot is 6,068 sqft, which is above average for the city and ranks well on its street. This provides more outdoor space than many comparable properties.
5. Why is the assessed value ranking so high on the street?
Ranking #1 of 19 on Iris Street for assessed value suggests this property is officially valued higher than its direct neighbours. This can be due to a combination of its larger living area, renovated condition, and lot size. It’s wise to research if recent renovations or additions are reflected in this assessment.
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