Property score
63.9
Fair
Overall 63.9 · Smaller than most nearby homes
1,012 sqft (bottom 4%) · Built in 1960 (1 yr older than avg)
Located in a high-income area with median household income of ~91k
Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 13 dining spots, 1 school, 4 shops, and 4 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 59%Tagalog · 17%
Past 10 years Garden City sales snapshot (~80% of all data)
616
411k
$361/sqft
1961
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63.9 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: #46110035
$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
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
44 Peony Avenue — 34 amenities found within 500 m, across 6 categories, including 13 dining (nearest 329 m), 1 education (nearest 222 m), 4 shopping (nearest 295 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%
44 Peony 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
This is a compact home on an oversized lot in Garden City, Winnipeg. At 1,012 square feet, the living area is well below average—bottom 4% in the neighbourhood and bottom 27% citywide. The land, however, is the standout feature: 5,829 square feet puts it in the top 13% on Peony Avenue and top 36% across the city. The house itself was built around 1960, which is fairly typical for the area, and the assessed value of $332,000 sits close to the median for comparable homes.
The appeal here isn’t the house itself—it’s the land and what you can do with it. For someone looking to expand, renovate, or potentially rebuild, this lot offers rare flexibility. A buyer who sees value in space rather than square footage—and who isn’t put off by a smaller existing footprint—would be the natural fit. It could also suit someone who wants a manageable single-level home with a generous yard, or an investor who recognises that land in this area (Garden City) tends to hold value even when the dwelling doesn’t.
A less obvious angle: this property might appeal to buyers who want to be in a stable, established neighbourhood without paying a premium for a fully updated interior. The below-average living area could also be a deliberate choice for empty-nesters or minimalists who prioritize outdoor space and location over interior size.
1. Why is the assessed value around average even though the home is so small?
Assessed value in Winnipeg weighs both the dwelling and the land. Here, the lot is significantly above average in size, which offsets the smaller house. The market tends to assign value to location and land, not just finished square footage.
2. Is this a tear-down or a renovation candidate?
It could work either way, but the 1960 build and below-average living area suggest a renovation would likely need to be substantial. That said, if the home is structurally sound, an addition could be a smarter financial move than demolishing and rebuilding—especially given the land-to-value ratio is already favourable.
3. How does this property compare to others currently for sale in Garden City?
Most homes in Garden City have larger living areas and smaller lots. This one flips that pattern. If you’re shopping for a big yard in this area, you’ll find few options with this much outdoor space at a similar price point.
4. Are there restrictions on what can be done with the lot?
That depends on the specific zoning for Peony Avenue. In Garden City, many lots are zoned for single-family residential, but it’s worth checking whether the lot depth and width allow for a secondary suite or a larger replacement home. A quick call to the city’s planning department would clarify.
5. What’s the neighbourhood like in terms of resale value?
Garden City is a mature, stable area. Properties here don’t tend to spike in value quickly, but they also don’t drop sharply. The land itself is a long-term asset—if the home quality improves over time, the overall value could rise. For now, this is more of a functional buy than a speculative one.
