Property score
66.2
Good
Overall 66.2 · Smaller than most nearby homes
1,061 sqft (bottom 23%) · Built in 1959 (2 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 4 parks nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
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)
616
411k
$361/sqft
1961
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66.2 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: #46110030
$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
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
4 Teakwood Avenue — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 300 m), 2 education (nearest 256 m), 1 shopping (nearest 270 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%
4 Teakwood Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 4 Teakwood Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1959, presents a classic Garden City bungalow with a recently renovated basement. Its primary appeal lies in a rare and substantial lot size of over 9,500 square feet, which ranks in the top 4% for the street and top 2% for the neighborhood. This offers exceptional outdoor space potential, from expansive gardens to future additions, setting it apart from typical area properties.
With just over 1,060 square feet of living space and no attached garage, the house itself is modest and efficient. Its assessed value and living area are consistently "around average" for its immediate street, Garden City, and Winnipeg overall, suggesting a fairly priced, no-surprises entry point into the market. The renovated basement adds valuable finished space.
This property would best suit a buyer who values land over lavish square footage—perhaps a gardener, a family seeking room for children and pets to play, or a long-term planner who sees the lot as a canvas for future projects like a garage, workshop, or even a significant expansion. It’s a practical home with a standout lot, offering a balance of neighborhood affordability and unique potential.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" typically include?
While specifics should be verified with the listing agent, a renovated basement in a home of this era often means it has been finished into a livable space, potentially including a rec room, additional bedrooms, or a bathroom, adding functional square footage to the main floor plan.
2. How does the lack of a garage affect daily life and value?
The absence of a garage is common for many Winnipeg bungalows. Buyers should budget for alternative parking (the driveway) and storage solutions. However, the large lot provides ample space to potentially add a garage or shed later, which could be seen as a value-add opportunity rather than just a drawback.
3. The assessed value seems low compared to the city-wide average listed. Why?
The city-wide average assessed value of $390k noted in the data includes all property types and sizes across Winnipeg. This home's assessment (~$33.8k for the building portion, with land value separate) is in line with similar-sized, older bungalows in the Garden City area. Always refer to the total assessed value from the municipal assessment notice for the complete picture.
4. Is a 1959 home likely to have major maintenance issues?
Homes from this era are generally solidly built but are at an age where core components may need attention or updating. A thorough inspection is crucial to assess the condition of the roof, foundation, plumbing, electrical systems, and windows. The renovated basement should also be checked for proper permits and moisture control.
5. What are the less obvious advantages of such a large lot?
Beyond space, a lot of this size can offer greater privacy from neighbors, more natural light, and better rainwater drainage. It may also provide flexibility for subdivision (subject to city zoning) or simply preserve a sense of openness that is becoming rarer in established neighborhoods.
