74.2
Good
Property score
74.2
Good
Overall 74.2
Larger than most nearby homes
1,496 sqft (top 17%)
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: 5 dining spots, 2 schools, 1 shop, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
14% 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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74.2 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
31 Iris Street — 23 amenities found within 500 m, across 5 categories, including 5 dining (nearest 488 m), 2 education (nearest 181 m), 1 shopping (nearest 454 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 14% | Bottom 30% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 31 Iris Street, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City offers solid, above-average space for the neighbourhood. With 1,496 sqft of living area and a renovated basement, it provides practical, single-level living. The detached garage and a generous 6,000+ sqft lot offer flexibility for parking, storage, or outdoor projects. Built in 1960, the home is typical for the area but stands out due to its larger-than-average footprint and a modernized lower level.
Its primary appeal lies in its strong positional value within Garden City. The data shows it ranks well above average for both living space and assessed value specifically within this community, suggesting a good fit for the area. It’s a home that offers room to grow without the maintenance of multiple storeys, positioned on a quiet, established street.
This property would best suit practical buyers looking for a move-in-ready bungalow with a finished basement, ideal for small families, downsizers, or first-time buyers seeking a long-term home in a stable North Winnipeg neighbourhood. The renovated basement adds immediate functional space, while the large lot presents a future opportunity not always available in newer subdivisions.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street and in Garden City?
The home ranks in the top 21% for living area on its street and the top 17% within Garden City, meaning it is notably more spacious than many comparable properties in the immediate area.
2. What is the significance of the assessed value?
The assessed value of $37,300 is above average for both the street and Garden City. It’s important to note this is a municipal assessment for tax purposes, not a market valuation, but its higher ranking suggests the property is considered a substantial asset within its local context.
3. Is the lot size a major feature?
While the lot is around average for Garden City, it ranks in the top 29% citywide. This means you get more outdoor space than in many other Winnipeg neighbourhoods, which is a valuable and less replaceable asset.
4. The home was sold in 2017. What can that price history tell me?
The last known sale was between $275,000 and $305,000 in May 2017. This provides a historical benchmark, but market conditions have likely shifted. For the exact sale price, you can request it via the provided email service.
5. What are the potential considerations with a 1960s bungalow?
While the basement has been renovated, a home of this age may have original major systems (like plumbing, electrical, or the roof) that require inspection to understand their condition and remaining lifespan, which is a typical consideration for vintage properties.
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