74 Teakwood Avenue

Garden City, Winnipeg

Property score

63.1

Fair

Overall 63.1 · Smaller and older than most nearby homes

1,033 sqft (bottom 8%) · Built in 1957 (4 yrs older than avg)

Located in a high-income area with median household income of ~95k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 shop, and 7 parks nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 49%Tagalog · 23%

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

63.1 is composed by the two sections below.

Property Score

50.9Fair
Living Area1,033 sqft52Fair
Year Built195743Low
Lot Size4,734 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

81.4Excellent
Household Income83Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110032

Community deep dive

$95K

Median household income

$107K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

19%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)627
Labour force participation rate76%
Median age39.2
Avg household size3.0
Unemployment rate5%
Population density2985 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households19%
Couple families with children36%
Median household income (2020)$95K

Housing

Renter households17%
Condominium dwellings7%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)57%
Visible minority61%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 49%
Mother tongue (2nd)Tagalog · 22%

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

Rankings

Living Area

around average
1,033 sqft
0255075100
Same streetBottom 42%Same areaBottom 8%CitywideBottom 29%
Same street · Teakwood Avenue
#47 / 81
Bottom 42% · Avg 1,082 sqft
Same area · Garden City
#1,764 / 1,909
Bottom 8% · Avg 1,307 sqft
Citywide · Winnipeg
#137,239 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
317k
0255075100
Same streetBottom 37%Same areaBottom 11%CitywideBottom 34%
Same street · Teakwood Avenue
#51 / 81
Bottom 37% · Avg 329.3k
Same area · Garden City
#1,708 / 1,909
Bottom 11% · Avg 357.4k
Citywide · Winnipeg
#127,404 / 194,458
Bottom 34% · Avg 390.1k

Year Built

around average
1957
0255075100
Same streetBottom 22%Same areaBottom 17%CitywideBottom 37%

Lot Size

around average
4,734 sqft
0255075100
Same streetBottom 43%Same areaBottom 3%CitywideBottom 38%

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

74 Teakwood Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 119 m), 3 education (nearest 171 m), 1 shopping (nearest 159 m).

Search radius
🍽️Dining1
🏫Education3
🛒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 12/2021CA$300k–350k
Sold price

Same street

Top 40%

Same area

Bottom 36%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 74 Teakwood Avenue, Winnipeg

Property Overview: 74 Teakwood Avenue, Garden City, Winnipeg

Key Characteristics & Appeal

This is a classic one-storey home built in 1957, presenting a straightforward and manageable opportunity in Winnipeg's Garden City neighbourhood. Its key characteristics are notably average for its immediate street, which can be a sign of stability and predictability in a local market. The home features 1,033 sqft of living space, a renovated basement, a detached garage, and sits on a 4,734 sqft lot.

The appeal lies in its role as a comfortable entry point. It's not the largest or newest home on the block, but it holds its own among direct neighbours in terms of size, value, and lot dimensions. The renovated basement adds functional living space, a significant plus for a home of this era. It would suit first-time buyers seeking a solid starter home without extreme outliers in price or size, or downsizers looking for a single-level layout with modest yard maintenance. A thoughtful perspective is that a home which is "average" on its own street often faces less volatility and more predictable comparisons when it comes time to sell, offering a kind of insulation from more dramatic market swings.

Frequently Asked Questions

1. How does this home compare to others in Garden City?
While it is quite typical for Teakwood Avenue, this property is below the neighbourhood averages for living space, lot size, and year built. This suggests it may offer a more accessible price point within the broader Garden City area.

2. What does the assessed value indicate?
The assessed value of $31,700 is around average for the city and its immediate street. It is important to note that assessed value is for tax purposes and does not directly predict market selling price, which can be higher or lower.

3. The home was last sold in late 2021. What can that history tell us?
The sold price range from December 2021 provides a recent benchmark. Market conditions have likely changed since then, but it establishes a concrete data point for the home's value just a few years ago.

4. What are the implications of a 1957 build date?
Built in 1957, the home is older than most on its street and in Garden City. This typically means potential for older infrastructure (like plumbing or electrical) that may need attention, but also the possibility of more established landscaping and mature neighbourhood character.

5. Is the lot size a pro or a con?
At 4,734 sqft, the lot is slightly smaller than average for the street and significantly smaller than the Garden City average. This means less yard maintenance, but also less private outdoor space compared to many area homes.

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