Property score
59.5
Fair
Overall 59.5 · Smaller and older than most nearby homes
944 sqft (bottom 1%) · Built in 1958 (3 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 shop, and 6 parks nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Below average
3 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
59.5 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
46 Teakwood Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 92 m), 3 education (nearest 91 m), 1 shopping (nearest 96 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 40% | Bottom 15% | Bottom 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 46 Teakwood Avenue, Garden City, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1958, offering a practical and straightforward living space. With 944 square feet of living area, it is notably smaller than most homes in its immediate neighbourhood and across Winnipeg, positioning it as a more manageable and potentially affordable option. Its key features include a renovated basement and a detached garage. The lot size is just under 5,000 square feet, which is modest for the Garden City area but provides adequate outdoor space.
The appeal lies in its simplicity and value. The home's assessed value is consistently around the average for its street and wider area, suggesting it is priced appropriately within the market. Its recent sale history indicates stable value. This property would suit first-time buyers, downsizers, or investors looking for a lower-maintenance home without a premium lot size. It’s a home for those prioritizing function and location over square footage, offering a foothold in a well-established neighbourhood without the scale of a larger, more demanding property.
Frequently Asked Questions
1. Is the smaller living area a concern?
While the home is smaller than neighbourhood averages, this translates to lower utility costs, less maintenance, and easier upkeep. It's a trade-off that can be ideal for those seeking efficiency.
2. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. A professional inspection is recommended to determine the finish quality, legal compliance, and whether it adds functional living space or simply improved storage/utility areas.
3. How does the assessed value relate to the likely selling price?
The assessed value ($33.70k) is for municipal tax purposes and is typically far below market value. The historical sold price range from 2020 ($25.5k - $28.5k) is a more relevant, though outdated, benchmark. Current market conditions will determine the final price.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer to the house. However, it may be less convenient during Winnipeg winters compared to an attached garage.
5. Is the property likely to need major updates?
Given its age (68 years), even with a renovated basement, prospective buyers should budget for potential updates to major aging systems like plumbing, electrical, or the roof, which are common for homes of this vintage.
