Property score
42.4
Below average
Overall 42.4 · Smaller and older than most nearby homes
796 sqft (bottom 17%) · Built in 1910 (15 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 2 parks nearby
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 3%
Past 10 years Glenelm sales snapshot (~80% of all data)
367
261.1k
$330/sqft
1925
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42.4 is composed by the two sections below.
Property Score
Community Score
Glenelm
How to read: Share of sales in each ~$50k price band for “glenelm” (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: #46110674
$83K
Median household income
$85K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
27%
Single-person households
21%
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
120 Hespeler Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 314 m), 2 education (nearest 341 m), 1 shopping (nearest 297 m).
Glenelm · WPS public data · 2026
Annual incidents
13
2026
vs. city avg
-56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
69%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 36% | Bottom 13% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview
This 1910 one-and-a-half storey home at 120 Hespeler Avenue in Winnipeg's Glenelm neighbourhood presents a specific and straightforward opportunity. Its key characteristic is its modest scale: with 796 sqft of living space and a 2,443 sqft lot, it is notably smaller than most homes on its street, in the area, and across the city. The assessed value is correspondingly low, ranking in the bottom tier locally. The home features a basement (not renovated) and a detached garage.
The appeal lies squarely in its position as an entry-point property in an established neighbourhood. It suits a very specific type of buyer: those seeking absolute affordability above all else, such as first-time buyers willing to take on a renovation project, or investors looking for a low-cost rental property. Its smaller size and lot also mean lower maintenance demands and utility costs, which is a practical, less obvious advantage. The charm of an older home and the potential to add value through updates are part of the draw, but the core offering is access to a neighbourhood at a minimum price point.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size, older age, and the condition of the property relative to others. It is consistent with its ranking in the bottom 15% of homes on its own street for value.
2. What does "below average" for living area mean in practical terms?
With 796 sqft, the living space is significantly smaller than the typical home in Glenelm (~1,165 sqft). This indicates a compact layout, likely with fewer or smaller rooms, suited for a single person, a couple, or a small family.
3. Is the land size a disadvantage?
At 2,443 sqft, the lot is the smallest on Hespeler Avenue. This limits expansive outdoor space but can be an advantage for those seeking minimal yard upkeep. The presence of a detached garage is a positive feature within this compact footprint.
4. What can recent sold prices for the property tell me?
Public data shows it sold for an estimated range of $145k-$175k in late 2021. This historical price, along with the current low assessment, highlights its consistent positioning as an affordable property. For the exact sale price, you can request details via email from the site.
5. Who would this property not be well-suited for?
It would likely not suit buyers looking for move-in-ready condition, spacious interiors, a large yard, or a home that compares in size to neighbourhood averages. Its value proposition is rooted in potential and affordability, not in present-day size or finish.
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