24 Iris Street

Garden City, Winnipeg

74.6

Good

Overall 74.6

Larger and newer than most nearby homes

1,590 sqft (top 14%)

Built in 1965 (4 yrs newer than avg)

Located in a high-income area

with median household income of ~91k

Transit 70.0

7-min walk to transit with 3 nearby routes

Within 500m: 5 dining spots, 2 schools, 1 shop, and 5 parks nearby

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 59%Tagalog · 17%

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

74.6 is composed by the two sections below.

Property Score

70.8Good
Living Area1,590 sqft79Good
Year Built196546Low
Lot Size6,046 sqft81Excellent
Neighbourhood Sales Activity42Low

Community Score

80.3Excellent
Household Income81Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health60Fair

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: #46110035

Community deep dive

$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

Population, labour & age

Population (2021)472
Labour force participation rate65%
Median age42.4
Avg household size2.8
Unemployment rate14%
Population density2950 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households22%
Couple families with children28%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)39%
Visible minority50%
Bachelor's or higher (25–64)49%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Tagalog · 16%

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

Rankings

Living Area

above average
1,590 sqft
0255075100
Same streetTop 16%Same areaTop 14%CitywideTop 26%
Same street · Iris Street
#3 / 19
Top 16% · Avg 1,318 sqft
Same area · Garden City
#267 / 1,909
Top 14% · Avg 1,307 sqft
Citywide · Winnipeg
#50,348 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
388k
0255075100
Same streetTop 11%Same areaTop 16%CitywideTop 42%
Same street · Iris Street
#2 / 19
Top 11% · Avg 358.9k
Same area · Garden City
#299 / 1,909
Top 16% · Avg 357.4k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · Avg 390.1k

Year Built

Elite
1965
0255075100
Same streetTop 5%Same areaTop 15%CitywideBottom 47%

Lot Size

above average
6,046 sqft
0255075100
Same streetBottom 37%Same areaBottom 45%CitywideTop 30%

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

24 Iris Street — 20 amenities found within 500 m, across 5 categories, including 5 dining (nearest 486 m), 2 education (nearest 107 m), 1 shopping (nearest 471 m).

Search radius
🍽️Dining5
🏫Education2
🛒Shopping1
🌳Parks5
💪Sports7

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 7/2021CA$400k–450k
Sold price

Same street

Top 29%

Same area

Top 12%

City-wide

Top 31%

Related homes

Highlights & common questions: 24 Iris Street, Winnipeg

Property Overview

This 4-level split home at 24 Iris Street in Winnipeg's Garden City neighborhood presents a practical and spacious option in a well-established area. Built in 1965, it features 1,590 sqft of living space, an attached garage, and a renovated basement. The property sits on a 6,046 sqft lot.

Key Characteristics & Appeal

The primary appeal of this home lies in its above-average space and established neighborhood setting. With a living area ranking in the top 16% on its street and top 14% in Garden City, it offers more interior room than many comparable homes. The renovated basement adds functional, modernized space. Its assessed value is notably strong for the immediate area, ranking in the top 11% on Iris Street, suggesting it is a well-regarded property in its micro-location. The year built is also a relative advantage here, as it is the newest among the 19 comparable homes on the street.

This property would suit buyers looking for a move-in-ready home with ample room for a family, who value the mature community of Garden City. It’s particularly suited for those who appreciate a home that stands out positively within its immediate block in terms of size, value, and modernity, rather than just city-wide comparisons. The 4-level split design offers good separation of living spaces, which can be ideal for families seeking defined zones for living, sleeping, and recreation.

Frequently Asked Questions

1. How does the property’s value compare to the wider city?
While its assessed value ranks very high on its own street and in Garden City, it sits around the city-wide average (top 42%). This indicates you are paying for a premium property within a more affordable neighborhood, rather than buying into a premium postal code.

2. Is the lot size a constraint?
The lot is slightly smaller than the average for both the street and Garden City, but is still above average city-wide. It provides a decent outdoor space typical for the area, but may not be the primary feature for buyers seeking extensive grounds.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Viewing the property or requesting details from the listing agent is necessary to understand the finishes, layout, and whether it includes a legal suite or additional bedrooms.

4. Are there any concerns with a 1965 build?
While it is newer than many homes on the street, a home of this age will likely have had some systems updated. A thorough inspection is recommended to assess the condition of the roof, wiring, plumbing, and foundation, which are typical consideration points for houses from this era.

5. How stable is the value in this specific location?
The sold price history shows a sale in mid-2021. The fact that its assessed value now ranks so highly on the street suggests it may have been well-updated since that purchase, potentially supporting value retention. However, checking recent sales of similar homes on Iris Street and in Garden City would provide the clearest picture of current market trends.

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