43.9
Below average
Property score
43.9
Below average
Overall 43.9
Smaller and older than most nearby homes
610 sqft (bottom 3%)
Built in 1923 (29 yrs older than avg)
Located in a above-average income area
with median household income of ~86k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, and 1 school nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
29 yrs older than neighborhood avg.
Mother tongue
English · 75%French · 8%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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43.9 is composed by the two sections below.
Property Score
Community Score
Glenwood
How to read: Share of sales in each ~$50k price band for “glenwood” (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: #46110566
$86K
Median household income
$97K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
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
112 Imperial Avenue — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 449 m), 1 education (nearest 385 m).
Glenwood · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
62%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 10% | Bottom 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 9% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 112 Imperial Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1923. With 610 square feet of living space and a 2,550 sqft lot, it is notably smaller than most homes on its street, in the area, and across the city. It features a basement (not renovated) and a detached garage. The property's assessed value is significantly below average at $21,900, reflecting its modest size and vintage.
Its primary appeal lies in its position as one of the most accessible entry points into homeownership in the city. The very low property taxes, resulting from the low assessment, are a standout financial benefit. It suits a specific buyer: someone seeking absolute minimal carrying costs, a hands-on investor looking for a straightforward rental property, or a purchaser willing to live minimally while investing sweat equity. A less obvious perspective is its potential as a "land bank" purchase—the lot, while smaller than average, holds value in a mature neighborhood, and the existing structure provides immediate utility while one plans for the future.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessment is primarily based on the home's very small size (610 sqft) and age (1923) compared to the typical Winnipeg home, which results in significantly lower property taxes.
2. What does "below average" in the rankings mean for a buyer?
For key metrics like living area and lot size, it confirms this is a compact property. For assessed value, it directly translates to lower annual property taxes, which is a key advantage for budget-conscious owners.
3. Is the basement usable?
The listing notes the basement exists but is "not renovated." Buyers should anticipate it as unfinished utility space and budget for any desired improvements, following a professional inspection for moisture and structural integrity.
4. Who would this property not suit?
It would not suit buyers needing multiple bedrooms, ample storage, or modern, open-concept living spaces without undertaking a major expansion or rebuild. Growing families or those who work from home may find it too confined.
5. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale figures to inform your offer, you must request the exact sold price history via email from the listing service, as they manually provide that detail.
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