492 Stewart Street

Glendale, Winnipeg

60.9

Fair

Overall 60.9

Smaller and older than most nearby homes

1,026 sqft (bottom 30%)

Built in 1959 (5 yrs older than avg)

Located in a above-average income area

with median household income of ~79k

Transit 100.0

1-min walk to transit with 7 nearby routes

Within 500m: 3 dining spots, 2 parks, and 3 fuel stations nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 85%Tagalog · 2%

Past 10 years Glendale sales snapshot (~80% of all data)

Sold Count

75

Median price

440.5k

$/sqft

$331/sqft

Avg build year

1964

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Property score

60.9 is composed by the two sections below.

Property Score

57.0Fair
Living Area1,026 sqft52Fair
Year Built195943Low
Lot Size7,203 sqft88Excellent
Neighbourhood Sales Activity80Good

Community Score

66.7Good
Household Income76Good
Education Level44Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

Glendale

How to read: Share of sales in each ~$50k price band for “glendale” (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: #46111092

Community deep dive

$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

Population, labour & age

Population (2021)485
Labour force participation rate65%
Median age40.0
Avg household size2.2
Unemployment rate15%
Population density1672 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households29%
Couple families with children18%
Median household income (2020)$79K

Housing

Renter households44%
Condominium dwellings8%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority19%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,026 sqft
0255075100
Same streetBottom 45%Same areaBottom 30%CitywideBottom 29%
Same street · Stewart Street
#80 / 145
Bottom 45% · Avg 1,070 sqft
Same area · Glendale
#122 / 174
Bottom 30% · Avg 1,165 sqft
Citywide · Winnipeg
#138,697 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
311k
0255075100
Same streetTop 39%Same areaBottom 41%CitywideBottom 33%
Same street · Stewart Street
#57 / 145
Top 39% · Avg 308.4k
Same area · Glendale
#102 / 174
Bottom 41% · Avg 323.3k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetBottom 12%Same areaBottom 29%CitywideBottom 40%

Lot Size

above average
7,203 sqft
0255075100
Same streetTop 6%Same areaTop 24%CitywideTop 15%

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

492 Stewart Street — 8 amenities found within 500 m, across 3 categories, including 3 dining (nearest 189 m), 2 parks (nearest 85 m).

Search radius
🍽️Dining3
🌳Parks2
Fuel Stations3

Crime & Safety

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%

Sales History

Sold 9/2024CA$400k–450k
Sold price

Same street

Top 9%

Same area

Top 21%

City-wide

Top 33%

Related homes

Highlights & common questions: 492 Stewart Street, Winnipeg

Property Overview: 492 Stewart Street, Winnipeg

Key Characteristics & Appeal

This one-storey home in Glendale is defined by a substantial, above-average lot of over 7,200 square feet, offering significant outdoor space that is rare for the area. The house itself, built in 1959, is modest in size at just over 1,000 square feet of living space but features a renovated basement. Its recent sale price and assessed value are notably accessible, positioning it well below city-wide averages for cost.

The primary appeal lies in this combination of a large, private yard with a home that has seen key updates, presenting a clear value proposition. It suits first-time buyers or practical downsizers looking for an entry into the market without sacrificing outdoor potential. It’s also a fit for those with a longer-term vision, as the generous lot provides room for expansion, gardening, or simply more privacy than typical neighbourhood offerings. A thoughtful perspective is that while the home’s living area is compact, the renovated basement effectively adds functional space, making the overall package more versatile than the main floor square footage alone suggests.

Frequently Asked Questions

1. Is the large lot a benefit for future expansion?
Yes. The lot size is in the top 15% city-wide, providing uncommon space that could allow for a future addition, a large garage/workshop, or simply extensive landscaping, subject to local zoning and permits.

2. How does the assessed value relate to the recent sale price?
The assessed value is significantly lower than the recent sale price, which is common. The sale price reflects the current market, while the assessed value is used for property tax calculation and often lags behind market shifts.

3. What does "renovated basement" typically include in a home of this era?
While specifics would require a viewing, in a 1959 home this usually means updated finishes, improved lighting, and possibly added moisture control. It often creates a functional living, recreational, or utility space that adds to the home’s usable area.

4. The home is older than many on the street. Should I be concerned?
The build year (1959) is below the local average. This necessitates a focus on the condition of major aging components like the roof, foundation, and plumbing during an inspection, but many homes of this era were built with durable materials and are solidly constructed.

5. Who maintains the detached garage, and what is its condition?
The garage is a separate structure on the property, so maintenance is the responsibility of the homeowner. Its condition, size, and potential for upgrades or repairs should be evaluated separately during a viewing.

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