Property score
75.2
Good
Overall 75.2 · Larger and newer than most nearby homes
2,200 sqft (top 1%) · Built in 1971 (46 yrs newer 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
Above average
89% larger than neighborhood avg.
Year Built
Above average
46 yrs newer 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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75.2 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
123 Hespeler Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 278 m), 2 education (nearest 291 m), 1 shopping (nearest 275 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 | Top 2% | Top 2% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
123 Hespeler Avenue is a spacious two-storey home in Winnipeg's Glenelm neighbourhood. Built in 1971, it stands out for its generous 2,200 sqft of living space, which ranks in the top 1% for its street and area. The home features a renovated basement and sits on a standard city lot. Its assessed value is notably high for the immediate locale but aligns with the broader city average. Recent sales data indicates strong value retention and demand in the area.
Key Characteristics & Appeal
The primary appeal of this property is its exceptional interior space relative to its neighbours. In Glenelm, a neighbourhood with many older, often smaller homes, this house offers modern-sized living areas. Its renovated basement adds functional, updated space. The home suits buyers looking for a "large house in a quiet neighbourhood" dynamic—specifically, growing families or professionals who need ample room but appreciate the established character and likely lower lot premiums compared to newer suburbs. A thoughtful perspective is that this home represents a balance: it offers newer construction (1971) than most area homes, potentially reducing immediate renovation needs, while its above-average assessment for the street suggests it is already recognized as a premium property within a well-regarded area.
Who It Would Suit:
Frequently Asked Questions
1. Is the high assessed value for the street a concern for property taxes?
While the assessed value is in the top 4% on Hespeler Avenue, it is closer to the citywide average. Taxes will be higher than those of most immediate neighbours but are likely proportionate to the significantly larger living space and renovation level of the home.
2. How does the 1971 build year compare to the rest of Glenelm?
This is a key feature. Most comparable homes in Glenelm average a build year of 1925, making this property nearly 50 years newer. This can mean updated electrical, plumbing, and structural foundations, offering a different maintenance profile than the area's classic character homes.
3. The land area is noted as "below average." Is the yard small?
The lot is a standard city size for its era and location (over 3,000 sqft). It is labelled "below average" only in broad city-wide comparisons that include newer suburbs with much larger lots. For Glenelm, it is a typical lot size.
4. What does the sold price history indicate?
The recorded sale in late 2022 for approximately $42.5k–$45.5k, in the context of the current assessed value of $39.2k, suggests a stable and competitive market for well-positioned homes in this area.
5. There's no garage. Is parking an issue?
The listing notes no garage, which is common for many homes in established neighbourhoods. Buyers should confirm on-street parking regulations or the potential to add a driveway or parking pad, subject to city bylaws.
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