40.5
Below average
Property score
40.5
Below average
Overall 40.5
Smaller and older than most nearby homes
580 sqft (bottom 1%)
Built in 1909 (43 yrs older than avg)
Located in a above-average income area
with median household income of ~82k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 dining spots, 1 school, 2 healthcare facilitys, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Below average
43 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 9%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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40.5 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: #46110567
$82K
Median household income
$87K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
30%
Single-person households
25%
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
16 Imperial Avenue — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 70 m), 1 education (nearest 361 m), 2 healthcare (nearest 261 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 4% | Bottom 4% | Bottom 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 16 Imperial Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home in Winnipeg's Glenwood neighbourhood, built in 1909. Its key characteristic is its exceptionally low price point, reflected in an assessed value of $18,300, which places it in the bottom 1-2% of homes on its street, in the area, and citywide. At 580 square feet of living space on a 2,547 sqft lot, it is significantly smaller than average comparables.
The primary appeal lies in its potential as a minimal-entry point into the Winnipeg housing market. It suits a very specific buyer: an investor looking for a low-cost rental property, a hands-on owner seeking an affordable renovation project, or a buyer with extremely limited capital for whom ownership itself is the primary goal over size or condition. Its age and size mean it is not suited for those needing move-in-ready space or room for a family. A thoughtful perspective is that such a property can represent pure land-value opportunity in an established neighbourhood, with the existing structure being of secondary importance. Its long history also offers a unique, if challenging, piece of Winnipeg’s architectural past.
Section 2: Frequently Asked Questions
1. Why is the price so low?
The home is very small, quite old, and lacks common features like a basement or garage. The assessed value and recent sale history consistently reflect its status as one of the most affordable properties in the city.
2. What type of renovation would it need?
Given its age (built 1909), buyers should budget for significant updates. Potential concerns could include the foundation, wiring, plumbing, insulation, and roof. A thorough inspection is essential.
3. Is this a good investment property?
Its low entry cost could offer a high yield relative to the purchase price for rental income. However, the older building may lead to higher maintenance costs, which must be factored into the investment calculation.
4. How does the lack of a basement affect the property?
It eliminates potential for additional living space, storage, or mechanical systems typically housed below ground. Heating, water heating, and electrical systems will occupy part of the main floor living area.
5. Can the lot be redeveloped?
The lot is smaller than average for the area. Any redevelopment—like building a new home—would need to comply with current zoning bylaws, which may limit the size of a new structure due to the lot dimensions.
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