58.8
Fair
Property score
58.8
Fair
Overall 58.8
Newer than most nearby homes
928 sqft (top 50%)
Built in 2018 (66 yrs newer than avg)
Located in a above-average income area
with median household income of ~70k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 5 dining spots, 4 healthcare facilitys, 1 shop, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
9% smaller than neighborhood avg.
Year Built
Above average
66 yrs newer than neighborhood avg.
Mother tongue
English · 72%French · 8%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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58.8 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: #46110562
$70K
Median household income
$81K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
41%
Single-person households
16%
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
22 Fifth Avenue — 16 amenities found within 500 m, across 5 categories, including 5 dining (nearest 86 m), 4 healthcare (nearest 199 m), 1 shopping (nearest 152 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 | Top 30% | Top 18% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 22 Fifth Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This 2018-built bi-level home offers a modern alternative in the established Glenwood neighbourhood. Its primary appeal lies in its contemporary construction, requiring less immediate maintenance than many older area homes. With 928 sqft of living space, it is a comfortably sized, efficient home that ranks as average for the immediate street and neighbourhood, but is notably newer than most properties citywide.
The home suits first-time buyers or downsizers seeking a low-maintenance, move-in-ready property without the premium of a brand-new build. Its below-average land area (3,074 sqft) translates to less yard upkeep—a potential benefit for those prioritizing simplicity. The recent sale in late 2024 suggests a stable, current market value. A thoughtful perspective is that this property represents a balance: you gain modern systems and finishes, but within a more modest footprint typical of infill development, making it a practical choice over a larger, older home that may need significant updates.
Section 2: Frequently Asked Questions
1. What does "bi-level" mean for this home?
A bi-level design typically features a main living area entered from a ground-level foyer, with stairs leading both up to bedrooms and down to a lower-level family room or additional space. The listing notes a basement exists but is not renovated.
2. How does the assessed value relate to the recent sale price?
The assessed value is $33.20k, used for municipal tax purposes. The home sold for between $37.50k and $40.50k in September 2024, indicating its market value was higher at that time, which is common.
3. What are the pros and cons of the lot size?
The lot is smaller than average for the street, neighbourhood, and city. This means less outdoor maintenance and gardening, which is a plus for some. However, it also means less private outdoor space for recreation or expansion.
4. The home is newer, but how does it compare to nearby properties?
While the home itself is much newer (2018) than the neighbourhood average (homes often built in the mid-1900s), its living space and assessed value are very aligned with area norms. This suggests it integrates into the community's price range while offering a modern structure.
5. Is there garage or parking information?
The property details specify "Garage: None." Specifics on driveway or dedicated parking should be confirmed through a viewing or direct inquiry.
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