15 Pearce Avenue

Garden City, Winnipeg

Property score

49.5

Below average

Overall 49.5 · Smaller and older than most nearby homes

666 sqft (bottom 1%) · Built in 1916 (45 yrs older than avg)

Located in a high-income area with median household income of ~100k

Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 4 dining spots, 3 schools, 1 shop, and 8 parks nearby

Living Area

Below average

49% smaller than neighborhood avg.

Year Built

Below average

45 yrs older than neighborhood avg.

Mother tongue

English · 40%Tagalog · 30%

Past 10 years Garden City sales snapshot (~80% of all data)

Sold Count

616

Median price

411k

$/sqft

$361/sqft

Avg build year

1961

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Property score

49.5 is composed by the two sections below.

Property Score

24.3Low
Living Area15
666 sqftLow
Year Built16
1916Low
Lot Size67
5,041 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

87.2Excellent
Household Income85
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110929

Community deep dive

$100K

Median household income

$106K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

26%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)576
Labour force participation rate73%
Median age40.0
Avg household size3.0
Unemployment rate5%
Population density2057 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households26%
Couple families with children34%
Median household income (2020)$100K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)63%
Visible minority68%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 40%
Mother tongue (2nd)Tagalog · 30%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
666 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 2%
Same street · Pearce Avenue
#27 / 27
Bottom 1% · Avg 1,170 sqft
Same area · Garden City
#1,907 / 1,909
Bottom 1% · Avg 1,307 sqft
Citywide · Winnipeg
#190,243 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

below average
238k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 15%
Same street · Pearce Avenue
#27 / 27
Bottom 1% · Avg 344k
Same area · Garden City
#1,901 / 1,909
Bottom 1% · Avg 357.4k
Citywide · Winnipeg
#166,095 / 194,458
Bottom 15% · Avg 390.1k

Year Built

below average
1916
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 11%

Lot Size

around average
5,041 sqft
0255075100
Same streetBottom 1%Same areaBottom 6%CitywideBottom 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

15 Pearce Avenue — 17 amenities found within 500 m, across 5 categories, including 4 dining (nearest 333 m), 3 education (nearest 188 m), 1 shopping (nearest 344 m).

Search radius
🍽️Dining4
🏫Education3
🛒Shopping1
🌳Parks8
💪Sports1

Crime & Safety

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%

Sales History

Sold 11/2021CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 15 Pearce Avenue, Winnipeg

Property Overview

This one-storey home on a large 5,000+ sqft lot in Garden City presents a distinct opportunity. Built in 1916, its key appeal lies in the land itself and its value position within a mature neighbourhood. The house is modest at 666 sqft with an unrenovated basement and a detached garage. Its standout characteristic is how it ranks against nearby properties: it sits in the top tier of Garden City for lot size but is among the oldest and smallest homes in the immediate area. This creates a unique profile—a property with clear limitations in the existing structure, but with underlying value derived from its generous lot in an established community.

It would suit a specific buyer: someone looking for a land-play, a long-term renovation project, or an entry point into a stable neighbourhood where the primary investment is in the property's potential rather than its current condition. It is less suited to those seeking move-in readiness or ample interior space from the outset.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Garden City, and across Winnipeg. For example, its lot size is in the top 6% of the neighbourhood, meaning it's larger than most. Conversely, its living area is in the bottom 1%, confirming it's one of the smallest houses around. This highlights the property's defining contrast: a large lot with a very small, older home.

2. Is the low assessed value a red flag?
Not necessarily. The assessed value of $23,800 is primarily for municipal tax purposes and reflects the home's age, size, and condition. It indicates the current structure adds minimal value, which is consistent with a home needing updates. The market price will be influenced more by the lot value and renovation potential.

3. Who would be interested in a home of this age and size?
Beyond investors or builders, it could appeal to a minimalist buyer or someone looking to build equity slowly through sweat equity. The small footprint means lower utility costs and less maintenance in the short term, while the large lot offers room for gardens, expansion, or future outdoor living space.

4. The home sold in late 2021. What might that suggest?
The previous sale at $20,100, close to the current assessed value, suggests it was likely a transaction based on land value or a non-arms-length sale. It indicates the property has been seen as a foundational asset rather than a conventional home for some time.

5. How do the "Worth Viewing" comparisons help me?
The listed comparable properties, like those on Daffodil or Bluebell, are mostly larger, newer homes from the 1950s with higher assessed values. This reinforces that 15 Pearce Avenue is a different type of property within the same neighbourhood—an older, more compact alternative that comes at a proportionally lower value point, offering a different kind of opportunity.