Property score
46.9
Below average
Overall 46.9 · Older than most nearby homes
854 sqft (bottom 37%) · Built in 1914 (38 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Below average
38 yrs older than neighborhood avg.
Mother tongue
English · 75%French · 5%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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46.9 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: #46110565
$77K
Median household income
$89K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
33%
Single-person households
20%
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
26 Ellesmere Avenue — 13 amenities found within 500 m, across 5 categories, including 5 dining (nearest 118 m), 1 education (nearest 186 m), 1 healthcare (nearest 221 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 | Bottom 3% | Bottom 1% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 854 sqft, one-storey home on Ellesmere Avenue in Winnipeg's Glenwood neighborhood presents a specific and straightforward value proposition. Built in 1914, it sits on a 2,563 sqft lot and features a basement that has not been renovated. There is no garage or pool. The home’s key characteristic is its notably low municipal assessed value, which is significantly below averages for the street, neighborhood, and city. This is reflected in its historical sale price from 2016. The living space is modest but typical for older homes on its street, while the lot size is smaller than area norms.
Its primary appeal lies in its position as one of the most accessible entry points into homeownership in the city. It suits buyers with very limited budgets seeking a foothold in the market, or investors looking for a low-cost rental property with minimal initial capital outlay. A less obvious perspective is that its low fixed costs (like property taxes tied to the assessment) could provide financial breathing room for an owner willing to live simply and make gradual, sweat-equity improvements over a long period. It would not suit those needing move-in-ready conditions, modern amenities, or ample space.
Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
The assessed value is based on factors like the home's age (1914), smaller size, lack of renovation, and the specific market dynamics for very modest properties. It consistently ranks in the bottom tier compared to nearby homes.
2. What is the condition of the basement?
The listing explicitly states the basement is "not renovated." Buyers should anticipate it being in original or utility-grade condition and budget for professional inspections to understand any moisture, structural, or code issues.
3. Is there potential to expand or build an addition?
The lot is smaller than most in Glenwood (2,563 sqft vs. area averages over 4,000 sqft), which may limit expansion possibilities. Any significant addition or rebuild would require careful review of zoning bylaws and setback requirements.
4. How reliable is the 2016 sale price as a guide for today's value?
While it shows a historical trend of low value, market conditions have changed since 2016. It is a starting point, but a current professional appraisal or comparative market analysis is essential to determine its present-day market price.
5. What are the typical maintenance concerns with a home from 1914?
Prospective buyers should be prepared for potential issues common to century-old homes, such as outdated wiring, plumbing, insulation, and windows. The roof and foundation also require thorough evaluation. Ongoing maintenance will be a key consideration.
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