97 Teakwood Avenue

Garden City, Winnipeg

Property score

74.7

Good

Overall 74.7 · Larger and newer than most nearby homes

1,399 sqft (top 22%) · Built in 1988 (27 yrs newer 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

Above average

7% larger than neighborhood avg.

Year Built

Above average

27 yrs newer 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

74.7 is composed by the two sections below.

Property Score

70.3Good
Living Area1,399 sqft71Good
Year Built198878Good
Lot Size5,246 sqft67Good
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

Elite
1,399 sqft
0255075100
Same streetTop 4%Same areaTop 22%CitywideTop 36%
Same street · Teakwood Avenue
#3 / 81
Top 4% · Avg 1,082 sqft
Same area · Garden City
#425 / 1,909
Top 22% · Avg 1,307 sqft
Citywide · Winnipeg
#69,447 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
408k
0255075100
Same streetTop 6%Same areaTop 10%CitywideTop 36%
Same street · Teakwood Avenue
#5 / 81
Top 6% · Avg 329.3k
Same area · Garden City
#194 / 1,909
Top 10% · Avg 357.4k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
1988
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 24%

Lot Size

around average
5,246 sqft
0255075100
Same streetTop 36%Same areaBottom 8%CitywideTop 49%

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

97 Teakwood Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 237 m), 4 education (nearest 155 m), 1 shopping (nearest 270 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 6/2022CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 6%

City-wide

Top 23%

Related homes

Highlights & common questions: 97 Teakwood Avenue, Winnipeg

Property Overview: 97 Teakwood Avenue, Garden City, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Garden City presents a compelling blend of space, modernity, and established neighbourhood character. Its key appeal lies in its generous 1,399 sqft living area, which ranks within the top 4% of homes on Teakwood Avenue and is notably above average for the wider Garden City area. This suggests a home that feels spacious compared to many of its immediate peers. A significant feature is the renovated basement, adding valuable finished living space. The property benefits from a newer build date (1988), making it a more contemporary option in a neighbourhood with many older homes, which can mean fewer concerns about outdated major systems.

The detached garage and a manageable 5,246 sqft lot offer practical suburban living. From an investment perspective, the home's assessed value consistently ranks above average for both its street and neighbourhood, indicating strong perceived value in its local market. This property would ideally suit first-time buyers or downsizers seeking a single-level layout without compromising on interior space, or practical-minded buyers who appreciate a home that is newer than most in the area and has already seen key renovations.

Frequently Asked Questions

1. How does the living space truly compare to the neighbourhood?
The home’s living area is a standout feature. It is significantly larger than the average home on Teakwood Avenue and in the broader Garden City area, offering more interior room than most comparable properties nearby.

2. What are the implications of the 1988 build year?
Built in 1988, this home is considerably newer than the typical Garden City house (where many averages date to the early 1960s). This can be advantageous, potentially meaning updates to building codes, materials, and systems like wiring and plumbing.

3. Is the lot size a drawback?
While the lot is slightly below the Garden City average, it is very close to the average for Teakwood Avenue itself. It provides a balanced yard that is manageable for maintenance while still offering private outdoor space.

4. What does the above-average assessed value indicate?
The assessment ranking in the top 10% for the neighbourhood suggests the municipal tax authority views this property as having higher value than most—often reflecting factors like size, condition, and improvements like the renovated basement.

5. Can I get the exact historical sale price?
The listed sale price ranges are based on public data. The exact sale price from June 2022 is available by request via email from the listing service, which they provide manually without using your email for unsolicited marketing.

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