31 Teakwood Avenue

Garden City, Winnipeg

Property score

68.7

Good

Overall 68.7 · Compared with neighbourhood average

1,211 sqft (top 46%) · Built in 1959 (2 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 shop, and 5 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Taon ng Paggawa

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 54%Tagalog · 22%

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

68.7 is composed by the two sections below.

Property Score

60.3Fair
Living Area66
1,211 sqftGood
Taon ng Paggawa43
1959Low
Lupa67
5,250 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

81.3Excellent
Household Income82
Excellent
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Istatistika ng benta ng komunidad

Garden City

How to read: Share of sales in each ~$50k price band for “garden city” (Detached na bahay (hindi 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: #46110030

Community deep dive

$93K

Median household income

$104K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

22%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)525
Labour force participation rate66%
Median age37.6
Avg household size3.0
Unemployment rate3%
Population density3750 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households22%
Couple families with children33%
Median household income (2020)$93K

Housing

Renter households8%
Condominium dwellings25%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority56%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Tagalog · 21%

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

Mga ranggo

Living Area

lampas sa average
1,211 sqft
0255075100
Same streetTop 17%Same areaTop 46%CitywideTop 49%
Same street · Teakwood Avenue
#14 / 81
Top 17% · Avg 1,082 sqft
Same area · Garden City
#885 / 1,909
Top 46% · Avg 1,307 sqft
Citywide · Winnipeg
#95,492 / 194,458
Top 49% · Avg 1,342 sqft

Assessed Value

karaniwan
316k
0255075100
Same streetBottom 32%Same areaBottom 10%CitywideBottom 34%
Same street · Teakwood Avenue
#55 / 81
Bottom 32% · Avg 329.3k
Same area · Garden City
#1,724 / 1,909
Bottom 10% · Avg 357.4k
Citywide · Winnipeg
#128,013 / 194,458
Bottom 34% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1959
0255075100
Same streetTop 30%Same areaBottom 41%CitywideBottom 40%

Lupa

lampas sa average
5,250 sqft
0255075100
Same streetTop 30%Same areaBottom 9%CitywideTop 49%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

31 Teakwood Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 152 m), 3 education (nearest 115 m), 1 shopping (nearest 128 m).

Search radius
🍽️Dining1
🏫Education3
🛒Shopping1
🌳Parks5
Worship1

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%

Kasaysayan ng Benta

Naibenta 10/2017CA$250k–300k
Presyo ng benta

Parehong kalye

Bottom 20%

Parehong lugar

Bottom 11%

Buong lungsod

Bottom 26%

Related homes

Mga tampok at karaniwang tanong: 31 Teakwood Avenue, Winnipeg

Property Overview

31 Teakwood Avenue is a classic one-storey home in Winnipeg's Garden City neighbourhood. Built in 1959, it sits on a 5,250 sqft lot and features 1,211 sqft of living space, a detached garage, and a basement that is functional but not renovated.

Key Characteristics & Appeal

This home’s primary appeal lies in its solid foundation and spacious lot within a well-established area. The living area is notably above average for Teakwood Avenue itself, offering more interior space than many direct neighbours. The lot size is also generous for the street, providing good outdoor potential. However, the property presents a clear value proposition: its assessed value is below the Garden City average, suggesting it may be priced accessibly relative to the broader neighbourhood. This creates an opportunity for buyers comfortable with a home that has maintained its original, functional state. The detached garage and basement add practical utility.

It would suit a first-time buyer, an investor, or a hands-on owner looking for a character home in a mature neighbourhood without a premium price tag. It’s a property for someone who values space and location over modern finishes, seeing the basement and overall condition not as drawbacks, but as a blank canvas for future updates tailored to their own needs and timeline.


Frequently Asked Questions

1. Is the basement finished?
No, the basement is not renovated. It is a functional, unfinished space that provides ample storage or potential for future development.

2. How does the property compare in size to others nearby?
The home’s living area (1,211 sqft) is larger than most on its own street, ranking in the top 17% of 81 comparable properties on Teakwood Avenue.

3. What is the typical lot size in Garden City, and how does this one compare?
The average lot in Garden City is about 6,278 sqft. This property’s 5,250 sqft lot is smaller than that neighbourhood average but is actually above average for lots specifically on Teakwood Avenue.

4. Why is the assessed value considered below average for Garden City?
The home’s assessed value ranks in the top 90% for the neighbourhood, meaning about 90% of homes have a higher assessed value. This often reflects the home’s original condition and unrenovated state compared to updated homes in the area.

5. Can I get the exact historical sale price?
Exact sold prices are not published publicly. The listing service provides an estimated range, but you can request the precise sale history by emailing them directly for a manual, prompt reply.