51.4
Fair
Property score
51.4
Fair
Overall 51.4
Smaller than most nearby homes
874 sqft (bottom 28%)
Built in 1924 (1 yr older than avg)
Located in a high-income area
with median household income of ~94k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 81%French · 3%
Past 10 years Glenelm sales snapshot (~80% of all data)
367
261.1k
$330/sqft
1925
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51.4 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: #46110676
$94K
Median household income
$110K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
22%
Single-person households
25%
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
56 Noble Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 400 m), 1 education (nearest 238 m), 1 shopping (nearest 432 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 49% | Bottom 44% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 56 Noble Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This one-storey home on a generous 4,000 sqft lot presents a practical opportunity in Winnipeg's Glenelm neighbourhood. Built in 1924, its 874 sqft living area is modest and below average for the city, but the recently renovated basement adds functional space. The home features a detached garage. Its assessed value is notably consistent with others on Noble Avenue and in Glenelm, suggesting it is priced in line with the immediate area rather than broader city trends.
The primary appeal lies in its land size and location. The lot is well above average for both the street and the neighbourhood, offering valuable outdoor space and potential in a mature community. It suits a first-time buyer, downsizer, or practical investor looking for a manageable footprint without sacrificing yard size. The renovated basement adds immediate utility, making it a move-in-ready option for those who value function over grandeur. A thoughtful perspective is that this property represents a "land play" with a liveable house included—its value is anchored more in its location and lot than in its interior square footage.
Frequently Asked Questions
1. Is the living space too small?
At 874 sqft, the main floor living area is compact. However, the renovated basement provides additional finished space, making the total usable square footage more comfortable for a small household or couple.
2. How does the assessed value compare to the likely selling price?
The assessed value ($24,800) is a municipal figure for tax purposes and is typically lower than market value. Recent sales data for similar homes in Glenelm suggests the market price will be influenced more by current demand, condition, and the desirable lot size.
3. What are the implications of the home's age (1924)?
While the mechanical systems and structure should be carefully inspected, an older home like this on a large lot often possesses character and build quality not found in newer constructions. Its age is actually above average for Noble Avenue.
4. Who would this property not suit?
It may not be ideal for a family requiring multiple large bedrooms or extensive main-floor living space. Those prioritizing a modern, open-concept layout or a home with a garage attached to the house might also want to consider other options.
5. What makes the Glenelm neighbourhood desirable?
Glenelm is a mature, established neighbourhood with tree-lined streets and a mix of historic and well-kept homes. It offers a sense of community and convenience, typically within reach of amenities and with good access to central Winnipeg.
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