57.5
Fair
Property score
57.5
Fair
Overall 57.5
Compared with neighbourhood average
920 sqft (bottom 32%)
Built in 1978 (17 yrs older than avg)
Located in a above-average income area
with median household income of ~79k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 school, 2 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Near average
17 yrs older than neighborhood avg.
Mother tongue
English · 85%Tagalog · 2%
Past 10 years Glendale sales snapshot (~80% of all data)
19
227k
$247/sqft
1995
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57.5 is composed by the two sections below.
Property Score
Community Score
Glendale
How to read: Share of sales in each ~$50k price band for “glendale” (Condos, 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: #46111092
$79K
Median household income
$81K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
29%
Single-person households
18%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
370 Gagnon Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 210 m), 2 parks (nearest 135 m).
Glendale · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 37% | Top 47% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 32% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 370 Gagnon Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 920 sqft condo in Glendale is a practical, entry-level property built in 1978. Its key appeal lies in its affordability and relative value within a stable neighbourhood. The home features a renovated basement, adding functional living space. Comparative data shows its living area and assessed value are below average for its immediate street but align more closely with the broader Glendale area and city-wide averages, suggesting it offers a fair proposition for the location. It would particularly suit first-time buyers, downsizers, or investors seeking a lower-priced point of entry into the Winnipeg market. A thoughtful perspective is that, while not the newest or largest on the block, its 1978 build date is actually the newest among its direct street comparables, potentially indicating simpler maintenance relative to older peers. The recent sale in 2024 also suggests a modernized transaction history.
Section 2: Frequently Asked Questions
1. Is this a good value for the money?
Based on the provided metrics, the assessed value is consistently around or slightly below average for both the Glendale area and city-wide, while the living space is near the city average. This indicates you are likely paying for the space and location rather than premium finishes or size, which can represent solid value for a budget-conscious buyer.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent to understand if it's a finished living space, a modernized utility area, or includes legal secondary suite potential.
3. How does the 2024 sale price compare to the assessed value?
The sold price range in August 2024 ($22.5k - $25.5k) aligns very closely with the current assessed value of $22.5k. This recent history suggests the assessment is current and the market has validated this price point.
4. What are the condo fees and what do they cover?
This critical information is not included in the provided data. You must obtain a full disclosure of the monthly condo fees and a breakdown of what amenities or costs (e.g., building insurance, exterior maintenance, reserve fund) they cover.
5. How does it rank for year built, and why does that matter?
The home ranks in the top 17% (newest) on its own street but around the 53rd-66th percentile in the wider area and city. This means on its specific block, it's one of the newer homes, which can be an advantage. However, compared to all Winnipeg homes, it's older than average, so a thorough inspection of major systems (roof, windows, plumbing) for a 48-year-old building is essential.
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