203 Hespeler Avenue

Glenelm, Winnipeg

Property score

42.8

Below average

Overall 42.8 · Smaller and older than most nearby homes

730 sqft (bottom 9%) · Built in 1907 (18 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, 2 shops, and 3 parks nearby

Living Area

Below average

37% smaller 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

42.8 is composed by the two sections below.

Property Score

24.0Low
Living Area730 sqft22Low
Year Built190710Low
Lot Size3,034 sqft38Low
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

below average
730 sqft
0255075100
Same streetBottom 14%Same areaBottom 9%CitywideBottom 5%
Same street · Hespeler Avenue
#66 / 77
Bottom 14% · Avg 1,083 sqft
Same area · Glenelm
#763 / 842
Bottom 9% · Avg 1,165 sqft
Citywide · Winnipeg
#183,995 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
201k
0255075100
Same streetBottom 44%Same areaBottom 17%CitywideBottom 8%
Same street · Hespeler Avenue
#43 / 77
Bottom 44% · Avg 219.1k
Same area · Glenelm
#698 / 842
Bottom 17% · Avg 254.5k
Citywide · Winnipeg
#178,205 / 194,458
Bottom 8% · Avg 390.1k

Year Built

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

Lot Size

below average
3,034 sqft
0255075100
Same streetBottom 8%Same areaBottom 26%CitywideBottom 12%

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

203 Hespeler Avenue — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 118 m), 3 education (nearest 235 m), 2 shopping (nearest 56 m).

Search radius
🍽️Dining1
🏫Education3
🛒Shopping2
🌳Parks3
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 1/2019CA$150k–200k
Sold price

Same street

Bottom 31%

Same area

Bottom 11%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 203 Hespeler Avenue, Winnipeg

Property Overview: 203 Hespeler Avenue, Glenelm, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1907, offering 730 sqft of living space with a renovated basement. It sits on a 3,034 sqft lot and has no garage or pool. The home’s assessed value is notably modest compared to city-wide averages.

Its primary appeal lies in affordability and simplicity within a well-established neighbourhood. It represents a straightforward entry point into homeownership with lower property taxes. The renovated basement adds functional living space, a valuable update in a home of this vintage.

This property would best suit first-time buyers, downsizers, or practical investors seeking a low-maintenance footprint. It’s for someone who values character and location over size, and who sees potential in a smaller, efficiently used space rather than requiring a large or modern property. A thoughtful perspective is that its below-average size and assessment on its street could signal less competitive pressure and a chance to own in Glenelm at a relatively accessible level, allowing resources for personal updates.

Section 2: Frequently Asked Questions

1. Is the low assessed value a concern?
Not necessarily. It primarily reflects the home’s smaller size and older age for municipal tax purposes. It results in lower property taxes, which is a benefit for the owner.

2. What does the living area ranking mean?
At 730 sqft, the home is smaller than most in Glenelm and across Winnipeg. This confirms it’s a compact, efficient layout. The renovated basement is a key feature that provides additional usable space not fully captured in the main living area metric.

3. How significant is the age of the home (built 1907)?
It places the home among the older properties in the area. Buyers should prioritize a thorough inspection to understand the condition of original elements, but also appreciate the enduring character and established neighbourhood feel that comes with a century-old home.

4. The last recorded sale was between $14.5k-$17.5k in 2019. What does that indicate?
That transaction price is not reflective of current market value. It likely represented a nominal transfer, such as between family members or as part of an estate settlement. The current assessed value and market conditions are more relevant for today’s valuation.

5. Who might this property not suit?
It may not suit buyers needing multiple bedrooms, dedicated parking (like a garage), or extensive modern square footage. Those with a large family or who prioritize new construction and ample lot size would likely find this home too constrained.

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