76.5
Good
Property score
76.5
Good
Overall 76.5
Larger and newer than most nearby homes
1,556 sqft (top 6%)
Built in 2024 (72 yrs newer than avg)
Located in a above-average income area
with median household income of ~86k
Transit 64.0
6-min walk to transit with 2 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
Above average
53% larger than neighborhood avg.
Year Built
Above average
72 yrs newer 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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76.5 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
120 Imperial Avenue — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 487 m), 1 education (nearest 408 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 25% | Bottom 23% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 120 Imperial Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2024, stands out as a thoroughly modern property in a mature neighbourhood. Its key characteristic is its new construction, placing it in the top 1% of homes city-wide for year built. With 1,556 sqft of living space, it offers significantly more room than most comparable homes in both Glenwood and on Imperial Avenue itself, ranking in the top 5-6% locally. The home also features a renovated basement.
Its appeal lies in the opportunity to enjoy a modern, low-maintenance home with contemporary layouts and systems, without sacrificing the established character and convenience of the Glenwood area. The high assessed value, which ranks in the top 2-3% of the immediate area, reflects this premium for newness and size.
This property would ideally suit buyers who prioritize modern amenities and space but want to live in a settled community. It’s a strong fit for professionals or small families looking to avoid the immediate renovations often required with an older home. A less obvious perspective is that while the lot is smaller than area averages, this can translate to less yard upkeep, aligning perfectly with a desire for modern convenience. The home represents a move-in-ready option in a neighbourhood where many properties are decades older.
Section 2: Frequently Asked Questions
1. What does the high assessed value relative to the area indicate?
It primarily reflects the premium for a newly built home (2024) with above-average square footage for the locale. It suggests the municipal assessment views the property as a high-value asset within its specific context, not necessarily that it is overpriced compared to similar new builds.
2. Is the smaller lot size a significant drawback?
This depends on lifestyle. The lot is below the area average, which may limit extensive landscaping or large outdoor additions. However, it requires less maintenance and may contribute to a more efficient, compact property footprint, which some buyers prefer.
3. What is the neighbourhood (Glenwood) like?
Glenwood is an established, central Winnipeg neighbourhood. The presence of many older homes (area averages built in the 1950s) means tree-lined streets and a mature community feel. This property offers a unique contrast as one of the newest homes in the area.
4. There is no garage listed. Is there parking?
The listing specifies no garage. Prospective buyers should inquire about driveway space or on-street parking permits to confirm available parking arrangements.
5. The sold price history shows a sale in 2017 for a much lower amount. Is this the same property?
No. The 2017 sale price referenced is for historical context on the land prior to the construction of the new home in 2024. The current offering is for the newly built house, which explains the substantial difference in value.
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