187 Hespeler Avenue

Glenelm, Winnipeg

Property score

55.5

Fair

Overall 55.5 · Older than most nearby homes

1,193 sqft (top 42%) · Built in 1907 (18 yrs older than avg)

Located in a above-average income area with median household income of ~77k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 shop, and 2 parks nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 4%

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

Sold Count

367

Median price

261.1k

$/sqft

$330/sqft

Avg build year

1925

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Property score

55.5 is composed by the two sections below.

Property Score

45.3Low
Living Area1,193 sqft60Fair
Year Built190710Low
Lot Size2,943 sqft28Low
Neighbourhood Sales Activity61Fair

Community Score

70.9Good
Household Income75Good
Education Level54Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

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.

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: #46110678

Community deep dive

$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

Population, labour & age

Population (2021)549
Labour force participation rate70%
Median age35.2
Avg household size2.5
Unemployment rate9%
Population density5490 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children24%
Median household income (2020)$77K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$236K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority21%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

above average
1,193 sqft
0255075100
Same streetTop 30%Same areaTop 42%CitywideBottom 49%
Same street · Hespeler Avenue
#23 / 77
Top 30% · Avg 1,083 sqft
Same area · Glenelm
#356 / 842
Top 42% · Avg 1,165 sqft
Citywide · Winnipeg
#99,403 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

below average
136k
0255075100
Same streetBottom 4%Same areaBottom 2%CitywideBottom 2%
Same street · Hespeler Avenue
#74 / 77
Bottom 4% · Avg 219.1k
Same area · Glenelm
#829 / 842
Bottom 2% · Avg 254.5k
Citywide · Winnipeg
#190,435 / 194,458
Bottom 2% · Avg 390.1k

Year Built

below average
1907
0255075100
Same streetBottom 14%Same areaBottom 5%CitywideBottom 4%

Lot Size

below average
2,943 sqft
0255075100
Same streetBottom 4%Same areaBottom 18%CitywideBottom 9%

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

187 Hespeler Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 134 m), 3 education (nearest 274 m), 1 shopping (nearest 95 m).

Search radius
🍽️Dining1
🏫Education3
🛒Shopping1
🌳Parks2
Worship4
🏛️Government1

Crime & Safety

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%

Sales History

Sold 7/2024CA$100k–150k
Sold price

Same street

Bottom 9%

Same area

Bottom 2%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 187 Hespeler Avenue, Winnipeg

Property Overview: 187 Hespeler Avenue, Glenelm, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1907, presents a unique opportunity in Winnipeg's Glenelm neighbourhood. Its key characteristic is a significant value proposition: with a living area of 1,193 sq ft, it offers above-average space for its immediate street and is on par with the neighbourhood average, yet it carries an assessed value that is notably below average for the area. This disconnect suggests potential for buyers comfortable with a project. The home sits on a modest, sub-3,000 sq ft lot and features a basement that is present but not renovated.

The appeal lies in its positioning as an entry point into a established community. It suits a specific type of buyer: the value-conscious purchaser, perhaps a first-time homebuyer or an investor, who is prepared to invest sweat equity or capital into updates. The home’s age means it likely possesses classic character, but also requires a practical eye for maintenance and modernization. It’s a property where the financial entry point is low relative to the neighbourhood, making it less about immediate move-in readiness and more about long-term potential and location.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than nearby averages?
A significantly below-average assessment, especially for an older home, often reflects its current condition and lack of recent major updates. It typically indicates that the property is being assessed based on its present state, not its potential after renovations.

2. What does "basement not renovated" imply?
This typically means the basement is in its original or utilitarian state. Buyers should budget for potential updates to moisture management, insulation, and finishes to make it a comfortable living space, and should anticipate a professional inspection.

3. Is the smaller lot size a major drawback?
While below average in size, the lot may offer lower maintenance, which can be an advantage for some. Its impact depends on your lifestyle; it may limit extensive landscaping or additions but could be sufficient for a patio or garden.

4. Given its age, what should I be most concerned about?
Homes from this era may have outdated plumbing, electrical systems, and insulation. A thorough inspection is crucial to understand the scope of needed updates, from knob-and-tube wiring to foundation integrity and energy efficiency.

5. The recent sold price range seems very low. Is this accurate?
The provided range is based on public data. For an exact sale price, you must request it directly from the source. Prices in this range for a house often indicate a sale "as-is," possibly to an investor or a buyer planning significant renovations.

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