225 Egerton Road

Glenwood, Winnipeg

Property score

84.0

Excellent

Overall 84.0 · Larger and newer than most nearby homes

1,921 sqft (top 2%) · Built in 1976 (24 yrs newer than avg)

Located in a high-income area with median household income of ~92k

Transit 60.0 · 12-min walk to transit with 3 nearby routes

Living Area

Above average

89% larger than neighborhood avg.

Year Built

Above average

24 yrs newer than neighborhood avg.

Mother tongue

English · 79%French · 8%

Past 10 years Glenwood sales snapshot (~80% of all data)

Sold Count

785

Median price

376k

$/sqft

$381/sqft

Avg build year

1952

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Property score

84.0 is composed by the two sections below.

Property Score

84.2Excellent
Living Area92
1,921 sqftExcellent
Year Built67
1976Good
Lot Size81
6,498 sqftExcellent
Neighbourhood Sales Activity69
Good

Community Score

83.8Excellent
Household Income81
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110569

Community deep dive

$92K

Median household income

$103K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

28%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)603
Labour force participation rate70%
Median age39.2
Avg household size2.3
Unemployment rate10%
Population density1402 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children24%
Median household income (2020)$92K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority18%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,921 sqft
0255075100
Same streetTop 14%Same areaTop 2%CitywideTop 13%
Same street · Egerton Road
#15 / 107
Top 14% · Avg 1,340 sqft
Same area · Glenwood
#34 / 1,716
Top 2% · Avg 1,015 sqft
Citywide · Winnipeg
#24,961 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

Elite
768k
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 3%
Same street · Egerton Road
#4 / 107
Top 4% · Avg 447.5k
Same area · Glenwood
#7 / 1,716
Top 1% · Avg 321.2k
Citywide · Winnipeg
#5,142 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 21%Same areaTop 20%CitywideTop 39%

Lot Size

Elite
6,498 sqft
0255075100
Same streetTop 49%Same areaTop 5%CitywideTop 22%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

Crime & Safety

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%

Sales History

Sold 8/2016CA$550k–600k
Sold price

Same street

Top 20%

Same area

Top 4%

City-wide

Top 8%

Related homes

Highlights & common questions: 225 Egerton Road, Winnipeg

Property Overview: 225 Egerton Road, Glenwood, Winnipeg

Key Characteristics & Appeal

This 4-level split home, built in 1976, stands out for its generous proportions and strong value metrics within its established Glenwood neighbourhood. The nearly 2,000 sqft of living space is notably above average for both the street and the wider city, offering ample room for a growing family or those who value spacious interiors. A key feature is the renovated basement, adding modern, functional living space. The property sits on a large, roughly 6,500 sqft lot that is considered elite for the Glenwood area, providing excellent outdoor space relative to many local homes.

The appeal lies in its combination of space, a premium lot, and a sense of solid value. Its assessed value ranks in the top tier (top 1-4%) across all comparison levels—Egerton Road, Glenwood, and citywide—suggesting it is perceived as a substantial and well-regarded property. This home would best suit buyers looking for a established, roomy family home in a mature neighbourhood, who prioritize interior space and a sizable yard over a brand-new build. It’s a property for those who see value in a home that already has a renovated lower level and offers metrics that consistently outperform its peers.


Frequently Asked Questions

1. How does the home’s age (1976) affect its value?
While not a new build, the year is actually above average for both the street and Glenwood. The renovated basement indicates updates have been made. Buyers should focus on the condition of major 50-year-old components like the roof, windows, and foundation, as the core value here is in the space and lot.

2. The assessed value seems high for the area. What does that mean?
The assessed value of $76,800 is in the elite tier for Glenwood, meaning the municipality views this as one of the neighbourhood's more substantial properties. This typically reflects its larger living area and lot size compared to area averages. It's a strong indicator of the property's baseline value, though market sale price can vary.

3. Is the lot size a major advantage?
Yes, particularly within Glenwood. The lot ranks in the top 5% of the neighbourhood, meaning you get significantly more outdoor space than most nearby properties. On Egerton Road itself, the lot is around average, so this is a feature that makes the home stand out more in the broader community context.

4. What can the 2016 sale price range tell me?
The prior sale price (approx. $56.5k-$59.5k) provides a historical benchmark. The significant increase to the current assessed value suggests substantial appreciation, likely due to market trends, the basement renovation, and the property's inherent desirable traits (space, lot).

5. Who would this home not suit as well?
Buyers seeking a modern, open-concept layout or a brand-new, low-maintenance property may find the 4-level split style and age less ideal. Similarly, those with mobility concerns might prefer a bungalow or two-storey over multiple split levels. It’s a home for those who value space and land over the latest floorplan trends.