Property score
57.2
Fair
Overall 57.2 · Older than most nearby homes
1,162 sqft (top 46%) · Built in 1911 (14 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 2-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
0% smaller than neighborhood avg.
Year Built
Below average
14 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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57.2 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
199 Hespeler Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 121 m), 3 education (nearest 244 m), 1 shopping (nearest 65 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 4% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview
This one-and-a-half storey home on Hespeler Avenue in Winnipeg's Glenelm neighbourhood presents a distinct opportunity. Built in 1911, it offers 1,162 sqft of living space, which is modest but on par with area averages. The property sits on a 3,034 sqft lot. Its most defining characteristic is its exceptionally low assessed value of $12,300, placing it at the very bottom of the scale for comparable homes locally and citywide. The home has an unrenovated basement and no garage. Historical data shows it last sold in 2016 for a very low price range.
Key Characteristics & Appeal
The primary appeal of this property is its potential as a blank-canvas project or investment entry point. Its extremely low assessed value and historical sale price suggest it is a fixer-upper, likely requiring significant renovation or complete redevelopment. This makes it suited for buyers such as contractors, seasoned DIY renovators, or investors looking for a lot value play in an established neighbourhood. Its lot size, while below average for the city, is quite generous for the immediate street and offers space for expansion or landscaping.
A more thoughtful perspective is that it offers a rare chance for equity building through sweat equity, rather than a large initial capital outlay. It would not suit a first-time buyer seeking a move-in-ready home or anyone uncomfortable with a major project. The Glenelm location provides the appeal of a mature community with character, but the condition of this specific property means the neighbourhood amenities are a future benefit, not an immediate convenience.
Frequently Asked Questions
1. Why is the assessed value so low?
A very low assessed value typically indicates that the property is in poor condition, may be functionally obsolete, or is assessed primarily for its land value rather than the existing structure.
2. What does "basement, not renovated" imply?
This usually means the basement is in original or rough condition. It may be unfinished, have moisture issues, outdated systems, or simply lack modern finishes. A professional inspection would be essential.
3. Who would this property be most suitable for?
It is a project property. The most likely buyers are investors, developers, or experienced renovators with the resources and expertise to significantly update or rebuild the home.
4. How reliable are the historical sold price ranges shown?
The ranges are based on public data. For precise historical sale figures, you must request the exact sold price history via email from the source, as the public records may be incomplete or estimated.
5. Is the land large enough for a new build or addition?
The lot is approximately 3,034 sqft. While below the Winnipeg city average, it is a workable size. Any plans for a new build or major addition would require careful review with the City's zoning bylaws and permitting process to understand setbacks and buildable area.
