Property score
47.3
Below average
Overall 47.3 · Smaller than most nearby homes
624 sqft (bottom 5%) · Built in 1945 (7 yrs older 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
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Near average
7 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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47.3 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
121 Imperial Avenue — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 486 m), 1 education (nearest 369 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 22% | Bottom 20% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
121 Imperial Avenue is a compact, one-storey home in Winnipeg's Glenwood neighborhood. Built in 1945, its primary appeal lies in being an accessible entry point into the housing market. With 624 sqft of living space, it is notably smaller than most homes in the area and citywide, positioning it as a minimalist or starter option. The property sits on a roughly 4,145 sqft lot, which is fairly typical for the street but below the city average. It features a basement (not renovated) and a detached garage. Its assessed value is significantly below area and city averages, suggesting a lower property tax burden and a price point aimed at budget-conscious buyers. This home would suit first-time buyers, investors looking for a rental property, or those seeking a low-maintenance, downsizing option where the land and location hold more value than the existing structure.
Key Considerations & FAQs
1. Who is this home best suited for?
This property is a practical choice for first-time buyers prioritizing entry into the market over space, or for investors seeking a rental with a manageable overhead. Its scale also makes it a candidate for someone looking to downsize significantly.
2. How does the size impact livability?
At 624 sqft, the living area is compact. This requires efficient use of space and means it may not suit those needing multiple bedrooms, a home office, or ample storage. The basement presents potential for additional space but would require renovation.
3. What does the assessed value indicate?
The assessed value of $24,800 is well below local averages. This typically correlates with lower municipal property taxes, which is a financial plus. It also strongly suggests the selling price will be positioned at the very affordable end of the market.
4. Is the land size a redeeming feature?
The lot is average for the street but smaller than the city norm. It offers modest outdoor space without being burdensome to maintain. For some buyers, the potential for future expansion or redevelopment of the lot itself might be a long-term consideration, though the existing home's small footprint already utilizes it.
5. What should I know about the neighborhood context?
In Glenwood, this home ranks in the bottom tier for both size and value. This isn't necessarily negative—it simply means it’s one of the most affordable options in the area. Buyers should weigh the benefit of the neighborhood location against living in a home that is substantially smaller than most of its neighbors.
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