728 Mcadam Avenue

Garden City, Winnipeg

Property score

65.7

Good

Overall 65.7 · Older than most nearby homes

1,176 sqft (bottom 48%) · Built in 1955 (6 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 7 parks nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 54%Tagalog · 22%

Past 10 years Garden City sales snapshot (~80% of all data)

Sold Count

616

Median price

411k

$/sqft

$361/sqft

Avg build year

1961

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Property score

65.7 is composed by the two sections below.

Property Score

55.3Fair
Living Area1,176 sqft60Fair
Year Built195536Low
Lot Size5,403 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

81.3Excellent
Household Income82Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110030

Community deep dive

$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

Population, labour & age

Population (2021)525
Labour force participation rate66%
Median age37.6
Avg household size3.0
Unemployment rate3%
Population density3750 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households22%
Couple families with children33%
Median household income (2020)$93K

Housing

Renter households8%
Condominium dwellings25%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority56%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Tagalog · 21%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,176 sqft
0255075100
Same streetTop 43%Same areaBottom 48%CitywideBottom 48%
Same street · Mcadam Avenue
#142 / 331
Top 43% · Avg 1,184 sqft
Same area · Garden City
#992 / 1,909
Bottom 48% · Avg 1,307 sqft
Citywide · Winnipeg
#101,971 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
324k
0255075100
Same streetTop 30%Same areaBottom 16%CitywideBottom 37%
Same street · Mcadam Avenue
#99 / 331
Top 30% · Avg 296.5k
Same area · Garden City
#1,607 / 1,909
Bottom 16% · Avg 357.4k
Citywide · Winnipeg
#122,783 / 194,458
Bottom 37% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 13%Same areaBottom 2%CitywideBottom 34%

Lot Size

around average
5,403 sqft
0255075100
Same streetTop 38%Same areaBottom 14%CitywideTop 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

728 Mcadam Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 442 m), 2 education (nearest 272 m), 1 shopping (nearest 468 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping1
🌳Parks7
Worship1

Crime & Safety

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%

Sales History

Sold 3/2018CA$250k–300k
Sold price

Same street

Bottom 49%

Same area

Bottom 17%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 728 Mcadam Avenue, Winnipeg

Property Overview

This 1955 one-storey home at 728 Mcadam Avenue in Winnipeg's Garden City neighborhood offers a practical layout with 1,176 sqft of living space and a renovated basement. It sits on a 5,403 sqft lot and features a detached garage. The home presents a mix of above-average condition for its immediate street and a value-oriented entry point into a established community.

Key Characteristics & Appeal

The primary appeal of this property lies in its balance of updates and location-specific value. While its living space is average for the area, its assessed value ranks highly on its own street (Top 30%), suggesting it is in better condition than many direct neighbors. The renovated basement adds functional living space. The year built (1955) is notably newer than many homes on Mcadam Avenue, potentially indicating fewer concerns associated with very early 20th-century construction.

It would suit a first-time homebuyer or practical investor looking for a solid, updated baseline in a mature neighborhood. The detached garage is a key asset for hobbyists or those needing workshop or additional storage space. A thoughtful perspective is that this home represents a "street-level standout"—it may offer more modern comforts than the immediate surrounding houses, which can be a smart strategy for finding value. However, its lot size and assessments are below the broader Garden City averages, positioning it as a more affordable option within the wider community.

Frequently Asked Questions

1. Is the renovated basement a legal suite?
The details provided do not specify if the renovation created a legal secondary suite. This is a crucial point to verify with the listing agent and city permits, as it impacts value, insurance, and utility costs.

2. How does the assessed value relate to the likely selling price?
The assessed value ($32.4k) is for municipal tax purposes and is typically far below market value. Recent sold price data (showing a range of $255k-$285k in 2018) and current market conditions are better indicators of potential listing price.

3. What are the implications of the home being newer than most on the street?
A 1955 build is newer than the street average (1943), which can be positive. However, it still means major original components like plumbing, electrical, or the roof are likely at or beyond their typical lifespan and should be inspected carefully.

4. The lot is smaller than the Garden City average. Is that a major drawback?
The 5,403 sqft lot is still a good size for a single-family home, offering decent outdoor space. While below the neighborhood average, it may require less maintenance and can be a reasonable trade-off for a lower price point.

5. Why is there such a big difference between the street and neighborhood rankings for assessed value?
The home ranks well on its own street (Top 30%) but lower in Garden City (Top 84%). This indicates Mcadam Avenue may have more modest homes overall. The property appears to be a stronger performer on its immediate block compared to the more varied housing stock across the entire neighborhood.

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