46.7
Below average
Property score
46.7
Below average
Overall 46.7
Smaller but newer than most nearby homes
720 sqft (bottom 8%)
Built in 1942 (17 yrs newer than avg)
Located in a above-average income area
with median household income of ~79k
Transit 74.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 3 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Above average
17 yrs newer 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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46.7 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: #46110677
$79K
Median household income
$90K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
31%
Single-person households
21%
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
58 Martin Avenue W — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 447 m), 1 education (nearest 152 m), 3 parks (nearest 220 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 | Top 15% | Top 30% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 58 Martin Avenue W, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home with a renovated basement and a detached garage, built in 1942. Its primary appeal lies in its value proposition within the desirable Glenelm neighbourhood. At 720 sqft, the living space is notably smaller than most area homes, positioning it as a more affordable entry point into the community. However, its assessed value ranks above average for its immediate street and is solidly average for Glenelm, suggesting the property is valued more for its location and lot than its square footage. The lot itself is a standard size for the area at just under 3,500 sqft.
This home would suit first-time buyers, downsizers, or investors seeking a character-home neighbourhood without the premium price of a larger property. It’s for those who prioritize location and land over interior space, and who see potential in a home where the basement has already been modernized. A thoughtful perspective is that its smaller size and efficient layout could translate to lower utility costs and less maintenance, offering a simpler, more manageable lifestyle in a well-established area.
Frequently Asked Questions
1. Is the house unusually small for the area?
Yes. At 720 sqft, the living area is significantly below the Glenelm average (approx. 1,165 sqft) and ranks in the bottom 25% of homes on its own street. This is a key factor in its accessibility.
2. Why is the assessed value relatively strong for a smaller home?
The assessment reflects more than just interior space. It accounts for the desirable Glenelm location, the renovated basement, the detached garage, and the usable lot. On its street, its assessed value ranks in the top 21%, indicating the property holds its value well in its immediate context.
3. What is the typical price history for this home?
Based on available data, it last sold in May 2021 for an estimated price between $255,000 and $285,000.
4. How does the lot size compare?
The 3,455 sqft lot is very typical for both Martin Avenue W and the wider Glenelm neighbourhood, sitting close to the average in both categories.
5. What might be a less obvious consideration for a buyer?
While the basement is renovated, the main floor remains the original 1942 footprint. Buyers should consider if the layout and condition of the main living space meet their needs or if they are prepared for potential updates. The home represents a balance of modernized below-ground space with classic, above-ground character.
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