Property score
50.0
Fair
Overall 50.0 · Older than most nearby homes
920 sqft (bottom 33%) · Built in 1909 (16 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 1 park nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 4%
Past 10 years Glenelm sales snapshot (~80% of all data)
367
261.1k
$330/sqft
1925
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50.0 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: #46110678
$77K
Median household income
$84K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
22%
Single-person households
24%
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
121 Hespeler Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 287 m), 2 education (nearest 292 m), 1 shopping (nearest 285 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 29% | Bottom 11% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1909 one-storey home at 121 Hespeler Avenue in Winnipeg's Glenelm neighbourhood presents a straightforward, value-oriented opportunity. With 920 square feet of living space and a 3,035 square foot lot, its size is fairly typical for its immediate street but modest by broader city standards. The home features a detached garage and an unrenovated basement. Its assessed value is notably below average for the area, reflecting its age and condition. The property last sold in late 2021.
Key Characteristics & Appeal
This home’s primary appeal lies in its affordability and lot potential within a mature, established neighbourhood. It suits a specific buyer: someone seeking an entry point into homeownership, an investor looking for a rental property, or a hands-on individual willing to take on a gradual renovation project. The charm is not in its current finishes, but in its foundational value. A thoughtful perspective is that its below-average assessment, while indicating needed updates, also suggests a relatively stable property tax burden. The lot size, while not large, is workable for gardens or outdoor space in a central location. This isn't a move-in-ready showpiece; it's a practical canvas. Its appeal is grounded in reality, offering space and location without the premium price of a modernized home, ideal for those whose priority is securing a property over immediate perfection.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean?
It generally indicates the basement remains in a basic, functional state, likely with original or older materials. It may be suited for laundry and storage but would require significant work to become finished living space.
2. Why is the assessed value so much lower than the city-wide average?
Assessed value is based on factors like age, size, condition, and recent sales. A 117-year-old home with modest square footage and an unrenovated state will naturally assess lower than the average Winnipeg home, which skews newer and larger.
3. Is the detached garage in good condition?
The listing does not specify the garage's condition. Given the age of the property, a prospective buyer should plan to inspect it thoroughly for structural soundness, roof condition, and functionality.
4. How does the sold price range from 2021 relate to today's value?
The 2021 sale price provides a historical benchmark, but market conditions have likely shifted. It's most useful for understanding the property's price trajectory rather than determining its current market value.
5. What are the advantages of the Glenelm neighbourhood?
Glenelm is a mature, central neighbourhood known for its tree-lined streets, character homes, and strong sense of community. It offers a quiet residential feel while being relatively close to downtown amenities and major routes.
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