Property score
62.4
Fair
Overall 62.4 · Smaller and older than most nearby homes
1,042 sqft (bottom 12%) · Built in 1958 (3 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 74.0 · 4-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
20% 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)
616
411k
$361/sqft
1961
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62.4 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
98 Teakwood Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 260 m), 4 education (nearest 204 m), 1 shopping (nearest 296 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 | Top 20% | Top 24% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 98 Teakwood Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Teakwood Avenue is a practical and well-positioned property in Winnipeg's Garden City neighborhood. Built in 1958, it features 1,042 sqft of living space and sits on a 4,210 sqft lot, with a renovated basement and a detached garage.
Its primary appeal lies in its solid value and move-in readiness within a stable community. The home’s assessed value ranks above average for its street, suggesting it is a standout property on Teakwood Avenue. The renovated basement adds functional living space, a key asset. While the lot size is more compact compared to many in Garden City and citywide, this often translates to lower maintenance—a plus for many modern buyers.
This property would best suit first-time homebuyers, downsizers, or pragmatic investors looking for a manageable, updated home without the premium price tag of a larger lot. It’s for someone who values a renovated interior and a quiet neighborhood over expansive outdoor space. A less obvious perspective is that its "around average" size and citywide value metrics indicate a property insulated from market extremes, offering a balanced, lower-risk entry into homeownership.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above average for Teakwood Avenue itself (top 20%) and around average for both the broader Garden City neighborhood and Winnipeg overall, indicating it is a strong performer on its immediate street.
2. Is the lot size a concern?
The lot is smaller than many in Garden City. This means less yard maintenance, which can be a benefit, but also less private outdoor space. It’s a trade-off that suits those prioritizing ease of upkeep.
3. What does "renovated basement" typically include here?
While exact finishes aren’t specified, in homes of this era a renovated basement usually means it is finished as livable space, potentially including recreation rooms, additional bedrooms, or a laundry area, adding significant functional square footage.
4. What is the historical price trend?
Public data shows it last sold in October 2021 for an estimated range of $355k-$385k. Its current assessed value is $352k. For precise historical sold prices, you can request the exact figures via email from the listing source.
5. Who are the most likely neighbors?
The immediate neighbors on Teakwood and nearby Bluebell Avenue are homes of very similar vintage (mid-1950s to early 1960s), suggesting a mature, established community with homes of comparable style and value.
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