24 Fifth Avenue

Glenwood, Winnipeg

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

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)

Sold Count

785

Median price

376k

$/sqft

$381/sqft

Avg build year

1952

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

58.8 is composed by the two sections below.

Property Score

53.8Fair
Living Area928 sqft42Low
Year Built201897Excellent
Lot Size3,074 sqft38Low
Neighbourhood Sales Activity69Good

Community Score

66.3Good
Household Income72Good
Education Level44Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

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: #46110562

Community deep dive

$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

Population, labour & age

Population (2021)535
Labour force participation rate76%
Median age36.8
Avg household size2.0
Unemployment rate12%
Population density2326 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households41%
Couple families with children16%
Median household income (2020)$70K

Housing

Renter households43%
Condominium dwellings7%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority19%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 71%
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

around average
928 sqft
0255075100
Same streetBottom 40%Same areaTop 50%CitywideBottom 19%
Same street · Fifth Avenue
#41 / 68
Bottom 40% · Avg 1,091 sqft
Same area · Glenwood
#851 / 1,716
Top 50% · Avg 1,015 sqft
Citywide · Winnipeg
#157,386 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
371k
0255075100
Same streetTop 28%Same areaTop 20%CitywideTop 47%
Same street · Fifth Avenue
#19 / 68
Top 28% · Avg 325.6k
Same area · Glenwood
#345 / 1,716
Top 20% · Avg 321.2k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 9%Same areaTop 9%CitywideTop 4%

Lot Size

below average
3,074 sqft
0255075100
Same streetBottom 26%Same areaBottom 23%CitywideBottom 13%

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

24 Fifth Avenue — 16 amenities found within 500 m, across 5 categories, including 5 dining (nearest 94 m), 4 healthcare (nearest 204 m), 1 shopping (nearest 158 m).

Search radius
🍽️Dining5
🏥Healthcare4
🛒Shopping1
🌳Parks4
Worship2

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 6/2023CA$400k–450k
Sold price

Same street

Top 24%

Same area

Top 16%

City-wide

Top 30%

Related homes

Highlights & common questions: 24 Fifth Avenue, Winnipeg

Property Summary: 24 Fifth Avenue, Glenwood, Winnipeg

Key Characteristics & Appeal

This 2018-built bi-level home offers a rare combination of modern construction and established neighborhood living in Glenwood. With 928 sqft of living space and a renovated basement, its key appeal lies in its "like-new" condition without the premium of a brand-new subdivision. The home sits on a smaller, low-maintenance lot (3,074 sqft), which is a practical trade-off for less yard work.

Its standout characteristic is its strong assessed value relative to the area, ranking in the top 20% in Glenwood and top 28% on its own street. This suggests it is viewed as a well-maintained, valuable asset compared to many older homes nearby. The property suits first-time buyers seeking a move-in-ready home with modern systems, or downsizers looking for a manageable, contemporary layout without the upkeep of a larger property or yard. A less obvious perspective is its potential as a strategic hold in a neighborhood with many older homes; its newer age could mean fewer major repairs in the medium term, offering predictable costs.

Frequently Asked Questions

1. Is the smaller lot size a disadvantage?
It depends on your lifestyle. The lot is below average in size for the city and street, which means less private outdoor space. However, this translates to lower maintenance, less time spent on yard work, and potentially lower water bills, which can be a significant advantage for busy professionals or those looking to downsize.

2. Why is the assessed value notably higher than many area homes?
The primary driver is likely the home's age (2018). Newer construction typically commands a higher assessment due to modern building codes, materials, and systems. The renovated basement also adds to the liveable square footage and overall value.

3. What does the "Top 81%" citywide ranking for living area mean?
This means the home's interior square footage is smaller than about 81% of comparable homes across Winnipeg. This confirms it's a compact, efficient home. Buyers should ensure the layout and 928 sqft (plus basement) meets their spatial needs.

4. How does the 2023 sale price range compare to the current assessed value?
The home sold for an estimated $39.5k-$42.5k in mid-2023. The current assessed value is $37.1k. This alignment suggests a stable market valuation, with the assessment reflecting recent market activity. It's always wise to have a current market appraisal done.

5. What are the implications of having no garage?
This is a key consideration for Winnipeg winters. You will need to budget for street parking (considering parking bans) or the potential addition of a parking pad or shelter. The lack of a garage also affects storage, so the basement's renovated condition becomes more important for utility and storage space.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.