48 Hespeler Avenue

Glenelm, Winnipeg

Property score

58.0

Fair

Overall 58.0 · Newer than most nearby homes

1,044 sqft (bottom 42%) · Built in 1944 (19 yrs newer than avg)

Located in a above-average income area with median household income of ~83k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, 3 parks, and 2 place of worships nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 81%Tagalog · 3%

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

58.0 is composed by the two sections below.

Property Score

47.0Low
Living Area1,044 sqft52Fair
Year Built194424Low
Lot Size4,131 sqft53Fair
Neighbourhood Sales Activity61Fair

Community Score

74.6Good
Household Income78Good
Education Level63Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

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: #46110674

Community deep dive

$83K

Median household income

$85K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

27%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)443
Labour force participation rate66%
Median age36.4
Avg household size2.4
Unemployment rate11%
Population density1703 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households27%
Couple families with children21%
Median household income (2020)$83K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority11%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,044 sqft
0255075100
Same streetTop 47%Same areaBottom 42%CitywideBottom 32%
Same street · Hespeler Avenue
#36 / 77
Top 47% · Avg 1,083 sqft
Same area · Glenelm
#489 / 842
Bottom 42% · Avg 1,165 sqft
Citywide · Winnipeg
#131,413 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
226k
0255075100
Same streetTop 35%Same areaBottom 37%CitywideBottom 12%
Same street · Hespeler Avenue
#27 / 77
Top 35% · Avg 219.1k
Same area · Glenelm
#530 / 842
Bottom 37% · Avg 254.5k
Citywide · Winnipeg
#170,484 / 194,458
Bottom 12% · Avg 390.1k

Year Built

above average
1944
0255075100
Same streetTop 40%Same areaTop 12%CitywideBottom 21%

Lot Size

above average
4,131 sqft
0255075100
Same streetTop 13%Same areaTop 19%CitywideBottom 28%

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

48 Hespeler Avenue — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 430 m), 3 parks (nearest 98 m).

Search radius
🏫Education1
🌳Parks3
Worship2

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 7/2020CA$200k–250k
Sold price

Same street

Top 42%

Same area

Bottom 35%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 48 Hespeler Avenue, Winnipeg

Property Overview: 48 Hespeler Avenue, Glenelm

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1944, presents a practical opportunity in Winnipeg's Glenelm neighbourhood. Its key appeal lies in a balanced, no-frills profile. With 1,044 sqft of living space, it sits around the average for the immediate area, offering a comfortable footprint for a smaller household or first-time buyer. A significant characteristic is the above-average land size for both the street and Glenelm, providing a more generous lot than many neighbouring properties—a valuable asset for future outdoor space or expansion.

The home suits buyers looking for an honest, entry-level property in an established community. Its assessed value is modest relative to the wider city, suggesting an accessible price point. The detached garage adds practical storage. It’s ideally suited for a handy buyer or an investor comfortable with a home that has a functional, unrenovated basement and the character of its era. The appeal here isn't luxury, but rather solid fundamentals: a decent-sized lot in a quiet neighbourhood, with the structure and space to build equity over time.

Frequently Asked Questions

1. How does this home’s value compare to others in Winnipeg?
The assessed value is notably below the Winnipeg city average, placing it in a more affordable tier. This indicates a potentially lower entry cost compared to many parts of the city.

2. Is the lot size a significant feature?
Yes. The land area is well above average for both Hespeler Avenue and the broader Glenelm neighbourhood. This is a standout feature, offering more private outdoor space than most comparable homes nearby.

3. What should I know about the condition?
The listing notes the basement is "not renovated." Prospective buyers should budget for potential updates or repairs and consider a thorough inspection to understand the state of major systems and the foundation.

4. How does the living space compare to the area?
At 1,044 sqft, the living area is very typical for Glenelm. It’s not a large home, but it is squarely in line with the neighbourhood's average, making it a standard offering for the community.

5. What is the historical sales context?
Public data shows a sale in July 2020 within a moderate price range. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.

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