54.5
Fair
Property score
54.5
Fair
Overall 54.5
Older than most nearby homes
936 sqft (top 48%)
Built in 1923 (29 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% 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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54.5 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
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 28% | Bottom 26% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 172 Imperial Avenue in Winnipeg's Glenwood neighborhood presents a straightforward, no-frills opportunity. Built in 1923, its 936 sqft living area and 3,057 sqft lot are modestly sized, placing it around the neighborhood average for space but below the city-wide average. The home features a detached garage and an unrenovated basement. Its assessed value is notably below average for the street, area, and city, suggesting it may be priced for its land and location rather than its current condition. The appeal here lies in its simplicity and potential. It suits a first-time buyer comfortable with a project, an investor looking for a rental property with a classic footprint, or someone seeking an affordable entry into a mature neighborhood without the premium of a modernized home. It’s a property where value is derived more from what you could do with it over time, rather than what it offers immediately.
Key Questions for Consideration
What does "below average" assessed value actually indicate?
While it suggests a lower property tax base, it primarily reflects the municipality's valuation of the home in its current state. It often points to an older home that hasn't seen major renovations or additions, aligning with the noted unrenovated basement.
Is the lot size a limitation or an opportunity?
At just over 3,000 sqft, the lot is smaller than many in the city. This means lower maintenance, but also limits expansion possibilities. Its value is in providing adequate outdoor space for a home of this size without the burden of a large yard.
Who might the "unrenovated basement" actually appeal to?
Beyond just being a project, it offers a blank slate. For a buyer with specific plans—whether for a rental suite, a workshop, or customized storage—starting from an untouched space can be preferable to undoing someone else's dated renovations.
How should the 1923 build date be weighed?
It guarantees character and established neighborhood roots, but it necessitates a thorough inspection. Budgeting for updates to foundational systems like wiring, plumbing, or insulation is a more relevant consideration than the age itself.
What's the realistic use case for the detached garage?
In addition to vehicle storage, it provides valuable separate space for hobbies, a home business, or secure storage, which can be a significant asset even if the house itself is compact.
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