Property score
66.6
Good
Overall 66.6 · Older than most nearby homes
1,192 sqft (top 49%) · Built in 1957 (4 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 shop, and 6 parks nearby
Living Area
Near average
9% 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)
616
411k
$361/sqft
1961
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66.6 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: #46110032
$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
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
81 Teakwood Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 138 m), 3 education (nearest 138 m), 1 shopping (nearest 172 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 35% | Bottom 15% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 81 Teakwood Avenue, Garden City, Winnipeg
Key Characteristics & Appeal
This one-storey home on a mature, quiet street in Garden City presents a straightforward opportunity. Its key characteristic is its above-average living space (1,192 sq ft) for both the immediate street and the neighbourhood, offering more room than many comparable homes. The property sits on a decent-sized lot (over 5,200 sq ft) and includes a detached garage. Notably, the home has an unrenovated basement, indicating potential for future customization or value addition.
The appeal lies in its position as a practical, no-frills property. With a below-average assessed value for the area, it represents a potentially more accessible entry point into the Garden City neighbourhood. The home suits buyers looking for a solid, spacious bungalow to make their own—whether that’s a first-time homeowner comfortable with a property that needs updating, an investor seeking a rental with good living area, or someone looking for a long-term home where renovations can be done gradually to suit personal taste and budget.
A less obvious perspective is the value of its "averageness" in key metrics city-wide; it’s not an outlier, which can mean more predictable property taxes and market behaviour. Additionally, its older vintage (built 1957) and unrenovated state offer a clearer, blank-slate condition compared to a partially updated home with mixed-quality finishes.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean?
It generally indicates the basement remains in its original or largely untouched condition. Buyers should anticipate older finishes, mechanical systems, and layout, and budget for any desired updates, from cosmetic improvements to potential foundational or moisture-proofing work.
2. Why is the assessed value below average for Garden City?
The assessed value is influenced by the home’s age, condition (including the unrenovated basement), and specific market factors. A below-average assessment for the neighbourhood can sometimes correlate with a lower purchase price, but it's not a direct guarantee.
3. How does the living area compare to nearby homes?
This home’s living area is in the top 19% on its own street and top 49% in Garden City, meaning it offers more interior space than many similar properties in the immediate vicinity, which is a significant advantage.
4. What are the implications of a detached garage?
A detached garage offers flexibility (e.g., use as a workshop without affecting the house) but means dealing with the elements when going between your car and home. It may also sit on a separate foundation, which is a separate maintenance consideration.
5. Where can I find the exact historical sold price?
The exact sold price is not publicly displayed in detail. The listing service offers to provide it manually via email upon request, with a commitment to respond by the end of the same business day without using your email for unsolicited marketing.
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