7-649 Kingsbury Avenue

Built 2016Living Area 1,045 sqft
Sale History
SOLDin Jul 2016
220K±5,000
Tax Assessment
309k(prev. 267k)
+42k(+15.7%)
DateSold PriceNeighbourhood
2016-07Sold220K±5,00014/16

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average1,045 sqft · top 1% in area · built 2016 · 32 yrs newer than avg
$
High-income areaMedian household income ~$62K · top tier income demographics
2-min walk to transit3 nearby routes · score 80/100
Score

Property score

Overall score
63.2Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
65
Fair
Living area
52
Year built
97
Sales activity
42
Community Score
60.6
Fair
Income
64
Education
54
Housing
63
Core need
63
Employment
52
Rankings

How it stacks up

Each metric compared against 32 homes on Kingsbury Avenue, 74 in Garden City, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
1,045 sqft
ABOVE AVERAGE
StreetTop 3%AreaTop 1%CityTop 44%
Same street
Top 3%
#1 / 32
Same area
Top 1%
#1 / 74
Citywide
Winnipeg
Top 44%
#11,736 / 26,841
Tax-Assessed Value
309 k
NEAR AVERAGE
StreetBottom 44%AreaTop 24%CityTop 32%
Same street
Bottom 44%
#18 / 32
Same area
Top 24%
#18 / 74
Citywide
Winnipeg
Top 32%
#8,594 / 26,841
Year Built
2016
NEAR AVERAGE
StreetBottom 47%AreaTop 23%CityTop 13%
Same street
Bottom 47%
#17 / 32
Same area
Top 23%
#17 / 74
Citywide
Winnipeg
Top 13%
#3,554 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
7-649 Kingsbury Avenue: Living Area Analysis

Street Level (Kingsbury Avenue): Above Average. Ranked #1 out of 32 (Top 3%). The street average for comparable homes is 1,009 sqft.

Neighborhood Level (Garden City): Above Average. Ranked #1 out of 74 (Top 1%). The neighborhood average for comparable homes is 870 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #11,736 out of 26,841 (Top 44%). The citywide average for comparable homes is 1,042 sqft.

7-649 Kingsbury Avenue: Tax-Assessed Value Analysis

Street Level (Kingsbury Avenue): Below Average. Ranked #18 out of 32 (Bottom 44%). The street average for comparable homes is 327.4k.

Neighborhood Level (Garden City): Around Average. Ranked #18 out of 74 (Top 24%). The neighborhood average for comparable homes is 218.9k.

Citywide Level (Winnipeg): Around Average. Ranked #8,594 out of 26,841 (Top 32%). The citywide average for comparable homes is 276.9k.

7-649 Kingsbury Avenue: Year Built Analysis

Street Level (Kingsbury Avenue): Below Average. Ranked #17 out of 32 (Bottom 47%). The street average for comparable homes is 2017.

Neighborhood Level (Garden City): Around Average. Ranked #17 out of 74 (Top 23%). The neighborhood average for comparable homes is 1984.

Citywide Level (Winnipeg): Above Average. Ranked #3,554 out of 26,841 (Top 13%). The citywide average for comparable homes is 1990.

Market

Garden City market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
59
last 14 years
Median price
205k
14-year area median
Price per sqft
$212/sqft
area average
Avg build year
1984
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
67.9%
Buyer'sBalancedSeller's
Sold
1,822
New listings
2,684
Sold above asking?
Last 7 days
Majority over ask
56%
Below ask56% above
79 of 141 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-05

How to read: Share of sales in each ~$50k price band for “garden city” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

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Weekly report
Winnipeg Market Report — Jun 8–14, 2026
Winnipeg's market remained active this week, with 56% of homes selling over asking and a stable $455,000 median sold price. But the premium was thinner than the previous sample: the median over-ask result was +$11,000, not a runaway bidding market across the board. For sellers, the message is still timing and pricing. The first 10 days remain the strongest window for competition. After that, the probability of a discount rises quickly. For buyers, the best opportunities are not necessarily in the cheapest homes, but in listings that have missed the early bidding window. Once a home sits beyond two weeks, negotiation room becomes much more visible.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Nearby rentals?
Apartments within 2 km
2 km
23
Buildings
17
Available
$995 - $1,950
Rent range

A quick signal for rental-market activity, potential tenant demand, and rental competition around this home.

View Winnipeg rental map →
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110010 · Statistics Canada 2021 Census · Population 795
795
Population (2021)
54.8
Median age
2.1
Avg household size
3,785 / km²
Population density
Distribution by household income band
10k-15k
3%
20k-25k
8%
25k-30k
6%
30k-35k
4%
35k-40k
6%
40k-45k
5%
45k-50k
5%
50k-60k
9%
60k-70k
8%
70k-80k
8%
80k-90k
5%
90k-100k
5%
100k-125k
10%
125k-150k
6%
150k-200k
6%
200k plus
5%
$62K
Median household income
$85K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
44%
Single-person households
14%
Families with children
54%
Labour participation
8%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

7-649 Kingsbury Avenue — 14 amenities found within 500 m, across 3 categories, including 2 education (nearest 282 m), 5 parks (nearest 164 m).

Search radius
🏫Education2
🌳Parks5
💪Sports7

Crime & safety

Garden City · WPS public data
Full crime data →
Annual incidents
45
2026
vs. city average
+53%
▲ relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
69% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 7-649 Kingsbury Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Summary: 7-649 Kingsbury Avenue, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-sized, modern condo unit in Winnipeg's Garden City neighborhood. Built in 2016, its primary appeal lies in offering contemporary living in a low-maintenance format. With 1,045 sqft of living space, it ranks exceptionally well for size both on its street (top 3%) and within Garden City (top 1%), meaning it offers more space than most comparable local options. This makes it a practical choice for those seeking room without the upkeep of a house.

The unit’s assessed value is notably lower than others on Kingsbury Avenue, but aligns with city-wide averages. This presents a nuanced value perspective: you’re acquiring a relatively new, spacious unit at an assessment level that is standard for Winnipeg, but which sits below the average for its immediate street—a point that could be advantageous for property taxes.

This property would best suit first-time buyers, downsizers, or investors looking for a modern, move-in-ready condo with a sensible layout. Its strong ranking for living area in the area suggests it’s ideal for someone who prioritizes interior space over a premium street-level assessment.

Section 2: Frequently Asked Questions (FAQs)

1. Why is the assessed value ranked so low on its own street?
While its assessed value is below the average for Kingsbury Avenue, it is consistent with city-wide and Garden City averages. This discrepancy may be due to factors like unit orientation, specific finishes, or the assessed values of neighboring units being atypically high. It’s advisable to review the specific municipal assessment details.

2. How does the 2016 build date affect this property?
A 2016 build is relatively new, especially for Garden City where many comparable homes are older. This typically means newer building systems (like HVAC and plumbing) and potentially lower immediate repair costs, but it also places the unit within the period where any building envelope or construction defect issues might become apparent, so a thorough inspection is recommended.

3. What does the "Elite" ranking for living area actually mean?
It means this unit’s square footage is larger than 97% of comparable units on its street and 99% within Garden City. Simply put, you are getting one of the most spacious condo units available in this local market segment.

4. Is the last sold price from 2016 relevant today?
The 2016 sale price reflects the initial purchase from the builder and is not indicative of current market value. Market conditions, building reputation, and unit-specific factors have likely shifted its value significantly in the past decade.

5. What are the implications of having so many adjacent units on the same avenue?
The listing shows several nearby properties with identical or similar addresses (e.g., 3-645, 6-651 Kingsbury). This indicates a medium-density condo or townhouse complex. Buyers should inquire about the condo corporation’s financial health, bylaws, soundproofing, and parking arrangements specific to their unit.