66.0
Good
Property score
66.0
Good
Overall 66.0
Smaller than most nearby homes
1,004 sqft (bottom 4%)
Built in 1960 (1 yr older than avg)
Located in a high-income area
with median household income of ~111k
Transit 74.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 3 schools, 1 shop, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 60%Tagalog · 15%
Past 10 years Garden City sales snapshot (~80% of all data)
616
411k
$361/sqft
1961
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66.0 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: #46110033
$111K
Median household income
$106K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
16%
Single-person households
39%
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
5 Verbena Street — 16 amenities found within 500 m, across 6 categories, including 1 dining (nearest 460 m), 3 education (nearest 237 m), 1 shopping (nearest 462 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 46% | Bottom 46% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 5 Verbena Street in Winnipeg's Garden City neighbourhood presents a practical and affordable entry point into the market. Its key appeal lies in its balance of a renovated basement, a detached garage, and a notably large lot for the city. The home itself is compact at just over 1,000 square feet of living space, which is below average for its immediate area, but it sits on a generous 6,046 sqft lot that ranks above average citywide. Built in 1960, the house is typical for its era and area. The assessed value is modest, positioning it well below the average for Garden City but closer to the middle range across all of Winnipeg. This combination suggests a property where the value may be more in the land and the renovated lower level than in the size of the main living area.
It would suit first-time buyers or downsizers looking for a manageable, single-level layout without a large maintenance burden. The large lot is a standout feature for gardeners, those who value extra outdoor space, or long-term buyers who see potential in the property's underlying land value. Investors or handy buyers might also see an opportunity in the existing renovation and the scope to eventually update the main floor to match.
Frequently Asked Questions
1. Is the house particularly small?
Yes, the living area is 1,004 sqft, which is smaller than most homes on Verbena Street and in the Garden City area. The layout and the renovated basement are key to making the space functional.
2. What does "renovated basement" typically mean here?
While specifics aren't listed, in homes of this age and price point, a renovated basement often means it has been finished into a livable space, potentially adding a recreation room, extra bedroom, or secondary living area, which significantly boosts the usable square footage.
3. Why is the assessed value so much lower than nearby sale prices?
The assessed value (approximately $32.9k) is for taxation purposes and is not a market valuation. The recent sold price range (approximately $30.5k - $33.5k) aligns with this assessment. It's important to note these figures appear to reflect a historical valuation system; market value would be determined by current sale prices of similar homes.
4. What are the advantages of such a large lot?
The lot is over 6,000 sqft, which is larger than many city properties. This offers more privacy, space for gardening, play areas, or outdoor entertaining. It also represents a significant portion of the property's long-term value.
5. How does this home compare to others in Winnipeg for the price?
Citywide, the home's living space is below average, but its lot size is above average. This indicates you are purchasing more land than house for the price, which is a different value proposition than a newer home with more interior space on a smaller lot.
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