67.4
Good
Property score
67.4
Good
Overall 67.4
Compared with neighbourhood average
1,158 sqft (bottom 44%)
Built in 1959 (2 yrs older than avg)
Located in a high-income area
with median household income of ~91k
Transit 70.0
5-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 5 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
11% smaller than neighborhood avg.
Year Built
Near average
2 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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67.4 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
49 Arrowwood Drive N — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 93 m), 5 parks (nearest 231 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 42% | Bottom 43% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 7% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 49 Arrowwood Drive N, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey bungalow in Garden City is a practical and well-situated home built in 1959. Its key features include 1,158 sqft of living space, a renovated basement, an attached garage, and a 6,046 sqft lot. The home presents a balanced profile: its living space is comfortably average for the neighborhood, while its assessed value ranks notably high for both the street and the broader Garden City area, suggesting it is viewed favorably relative to its peers. The lot size is a particular strength citywide, offering above-average outdoor space.
The appeal lies in its established neighborhood setting and its solid, no-fuss layout. The renovated basement adds modern, functional living space without the need for immediate updates. It suits first-time homebuyers looking for a manageable, single-level layout, downsizers seeking a comfortable home with a good lot, or value-oriented investors attracted by its strong assessment history and rental-friendly bungalow style. A thoughtful perspective is that while the home itself is average in size, its above-average valuation on the street hints at specific updates, lot advantages, or a maintained condition that the market recognizes, offering a move-in-ready opportunity without a premium for excessive square footage.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in early 2020 for an estimated $29.5K-$32.5K. Its current assessed value of $37.6K is higher, which is typical as assessments reflect municipal valuation formulas and may not directly match past sale prices. This indicates the city assesses it above the average for similar homes on the street.
2. What does "renovated basement" typically mean for a home of this age?
For a 1959 bungalow, this usually indicates foundational updates like modern flooring, drywall, and lighting. It’s wise to inquire about the scope, permits, and whether it addressed core items like insulation, moisture proofing, and electrical systems common in mid-century builds.
3. Is the lot size a major advantage?
Yes, particularly from a city-wide perspective. At over 6,000 sqft, the lot is larger than about 70% of properties in Winnipeg, offering valuable outdoor space for gardening, recreation, or future expansion, which is a key asset in mature neighborhoods.
4. Who might this home not suit?
Buyers seeking a modern, open-concept layout or a brand-new build may find the 1959 floor plan more compartmentalized. Those prioritizing a premium, top-tier ranking in square footage within the city may prefer newer subdivisions.
5. How can I get the exact historical sale price?
The exact sold prices are not publicly listed in detail. You can request the precise figures by emailing the listing service via the "Get exact sold price history" button. They provide this data manually and state they do not use email addresses for unsolicited marketing.
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