50.1
Fair
Property score
50.1
Fair
Overall 50.1
Smaller than most nearby homes
744 sqft (bottom 21%)
Built in 1937 (15 yrs older than avg)
Located in a above-average income area
with median household income of ~86k
Transit 54.0
8-min walk to transit with 2 nearby routes
Within 500m: 1 school nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Below average
15 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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50.1 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
156 Stranmillis Avenue — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 453 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 49% | Bottom 47% | Bottom 35% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | 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: 156 Stranmillis Avenue, Glenwood
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood is defined by a compelling contrast: a modest, renovated 744 sqft house on a notably generous 5,100 sqft lot. Built in 1937, its living space is below average for the area, suggesting a cozy, efficient layout. The appeal lies squarely in its land value and potential. The lot size ranks in the top 13% on its own street and top 28% in Glenwood, offering rare space for gardening, expansion, or future development in a mature neighborhood. With a recently renovated basement and a detached garage, it presents a practical, low-maintenance living option.
This property would suit a first-time buyer or downsizer seeking an affordable entry into a well-established area, with the lot size providing a tangible asset. It’s equally suited to a long-term investor or visionary buyer who sees the underlying value in the land itself, perhaps for a future rebuild, addition, or simply as a hedge where the land constitutes a significant portion of the property's worth.
Section 2: Frequently Asked Questions
1. Is the house in good condition?
The listing notes a renovated basement, suggesting updates have been made. However, as a home from 1937, a thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation.
2. Why is the assessed value relatively low?
The assessed value reflects the official valuation for tax purposes, which often weighs the age and smaller size of the dwelling. It may not fully capture the market premium for the large lot or recent renovations, so it should not be used as the sole indicator of market price.
3. Can the house be expanded or rebuilt?
The large lot certainly provides the space for potential expansion or redevelopment. Any buyer considering this would need to consult the City of Winnipeg’s zoning bylaws and obtain the necessary permits to understand the specific possibilities and limitations.
4. How does the sold price history inform the current value?
Recent sold prices show a range, indicating market activity. The increase from late 2022 to early 2024 suggests appreciating interest or value. This history provides a trend line, but the current market conditions and the property’s unique lot size will be the ultimate determinants.
5. What is the neighborhood like?
Glenwood is a mature, established neighborhood. The proximity to nearby properties on the same avenue indicates a typical residential setting. Researching local amenities, traffic patterns, and community plans would provide a fuller picture of daily life in the area.
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