62.7
Fair
Property score
62.7
Fair
Overall 62.7
Newer than most nearby homes
984 sqft (top 43%)
Built in 1953 (1 yr newer than avg)
Located in a high-income area
with median household income of ~92k
Transit 60.0
10-min walk to transit with 3 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 79%French · 8%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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62.7 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: #46110569
$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
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 17% | Bottom 43% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 240 Egerton Road, Glenwood, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1953, offering 984 sqft of living space with a renovated basement and a detached garage. Its standout feature is the land: at 6,601 sqft, the lot size is in the top 5% for the Glenwood neighborhood, providing a generous and rare amount of outdoor space for the area. While the house itself is modest in size compared to others on its street, its assessed value ranks above average within Glenwood, suggesting the property is well-regarded in its immediate market.
The appeal lies in a balance of a manageable, updated living space and a premium-sized lot. It suits a first-time homebuyer, downsizer, or an investor looking for a solid entry into a stable neighborhood. The large lot offers clear potential for gardening, expansion, or simply enjoying more private outdoor space than is typical. It’s a property where the land may hold more long-term value and utility than the structure itself, appealing to those who see potential beyond the current square footage.
Frequently Asked Questions
1. Is the house too small compared to others on the street?
The living area is below the street average, making it one of the more compact homes on Egerton Road. This contributes to its accessibility but means space is efficiently used.
2. What does the "Elite" ranking for land area in Glenwood mean?
It means this property's lot size is larger than approximately 95% of comparable properties in the Glenwood neighborhood, a significant advantage for privacy, recreation, or future projects.
3. How does the assessed value compare?
The assessed value is above average for Glenwood but around average for the street and city. This indicates the property is likely valued favorably within its most relevant local context.
4. Has the property value appreciated?
Based on the last sold price range in 2016 ($26.5k - $29.5k) and the current assessed value of $36.5k, the property has shown an increase in value over that period.
5. What is the condition of the major systems, given the home's age?
The listing notes a renovated basement, but specifics on the roof, wiring, plumbing, and heating for this 73-year-old home would require a professional inspection.
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