92 Teakwood Avenue

Garden City, Winnipeg

Property score

63.1

Fair

Overall 63.1 · Smaller and older than most nearby homes

1,016 sqft (bottom 4%) · Built in 1958 (3 yrs older than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 4 schools, 1 shop, and 6 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

3 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 Area1,016 sqft52Fair
Year Built195843Low
Lot Size4,736 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

below average
1,016 sqft
0255075100
Same streetBottom 26%Same areaBottom 4%CitywideBottom 28%
Same street · Teakwood Avenue
#60 / 81
Bottom 26% · Avg 1,082 sqft
Same area · Garden City
#1,825 / 1,909
Bottom 4% · Avg 1,307 sqft
Citywide · Winnipeg
#140,386 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
336k
0255075100
Same streetTop 38%Same areaBottom 31%CitywideBottom 41%
Same street · Teakwood Avenue
#31 / 81
Top 38% · Avg 329.3k
Same area · Garden City
#1,313 / 1,909
Bottom 31% · Avg 357.4k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetTop 47%Same areaBottom 28%CitywideBottom 39%

Lot Size

around average
4,736 sqft
0255075100
Same streetTop 47%Same areaBottom 4%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

92 Teakwood Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 223 m), 4 education (nearest 186 m), 1 shopping (nearest 260 m).

Search radius
🍽️Dining1
🏫Education4
🛒Shopping1
🌳Parks6
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 11/2022CA$350k–400k
Sold price

Same street

Top 25%

Same area

Top 36%

City-wide

Top 46%

Related homes

Highlights & common questions: 92 Teakwood Avenue, Winnipeg

Property Overview: 92 Teakwood Avenue, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Garden City is a practical and straightforward property built in 1958. With 1,016 sqft of living space and a renovated basement, it offers functional living on a 4,736 sqft lot, complemented by a detached garage. The appeal here is grounded in value and stability. While its living space is modest compared to area averages, its assessed value is consistently "around average" for its street, neighbourhood, and city-wide, suggesting it is priced appropriately within the market.

This home would suit first-time buyers or downsizers looking for an entry point into a established neighbourhood without a premium price tag. Its renovated basement adds usable space, a key asset for a home of this size. A thoughtful perspective for a buyer is to consider the lot size: while below the Garden City average, it is typical for Teakwood Avenue itself, indicating the character of the street. This isn't a sprawling property, but it represents a manageable outdoor space. The detached garage also presents potential for a workshop or extra storage, adding flexible utility.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others in the area?
At 1,016 sqft, the living area is below the average for both Garden City and Winnipeg overall. However, it is more in line with, though still slightly below, the average for other homes on Teakwood Avenue itself.

2. What does the "around average" assessed value mean?
The home's assessed value of $33.60k ranks it in the middle ranges compared to similar properties on its street, in Garden City, and across Winnipeg. This indicates it is not unusually high or low for the market, providing a stable baseline for valuation.

3. Has this home been sold recently?
Yes, according to available data, it was sold in November 2022. The exact sale price is not publicly listed, but the provided range can be used as a general reference point for recent market activity.

4. What are the potential considerations for a home built in 1958?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, or the roof) are nearly 70 years old. A thorough inspection is advised to understand the condition and potential future maintenance needs typical for a home of this era.

5. How does the lot size impact the property?
The lot is 4,736 sqft, which is smaller than the broader Garden City average but typical for Teakwood Avenue. This means smaller yard maintenance but may also limit expansion possibilities. The upside is the presence of a detached garage, which adds functional value to the property.

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