Property score
70.7
Good
Overall 70.7 · Larger and newer than most nearby homes
1,472 sqft (top 9%) · 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: 2 dining spots, 4 healthcare facilitys, 1 shop, and 2 parks nearby
Living Area
Above average
45% larger 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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70.7 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: #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
38 Fifth Avenue — 11 amenities found within 500 m, across 5 categories, including 2 dining (nearest 147 m), 4 healthcare (nearest 242 m), 1 shopping (nearest 200 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 15% | Top 11% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 38 Fifth Avenue in Winnipeg's Glenwood neighbourhood presents a modern, low-maintenance living option within a well-established area. Built in 2018, it is a notably newer construction compared to most homes in its immediate vicinity and across the city. With 1,472 sqft of living space and a renovated basement, it offers above-average roominess for the local area. The property stands out for its modern systems and likely minimal immediate repair needs, but sits on a smaller, city-style lot.
Key Characteristics & Appeal
The primary appeal of this home lies in its contemporary age and efficient use of space. It ranks in the top 10-15% of its neighbourhood for living area, assessed value, and year built, meaning you get a newer, well-sized home without the premium of a brand-new custom build. Its above-average assessment suggests solid finishes and condition. The renovated basement adds functional living space. The smaller lot (3,073 sqft) translates to less yard upkeep—a benefit for those seeking a more lock-and-leave lifestyle or who prefer to spend less time on maintenance.
This property would suit first-time buyers or downsizers looking for a modern, move-in-ready home in a mature neighbourhood without the quirks and renovation projects of an older house. It’s also a practical choice for investors or professionals wanting a newer asset with potentially lower maintenance costs.
Frequently Asked Questions
1. Why is the land area smaller than average?
This is typical of newer infill developments in established neighbourhoods. The lot size reflects efficient, modern subdivision and prioritizes the living space of the home itself over a large yard, aligning with a lower-maintenance lifestyle.
2. How does the assessed value compare to the last sold price?
The current assessed value is $45.40k. Public data shows it last sold in August 2021 for an estimated range of $44.50k to $47.50k, indicating the assessment is in line with its recent market transaction.
3. What does the "above average" ranking for year built really mean?
Most homes in Glenwood and on Fifth Avenue were built in the mid-20th century (averaging around 1946-1952). Built in 2018, this home is among the newest 9% in the area, suggesting advantages like modern building codes, energy efficiency, and newer major components (roof, HVAC, etc.).
4. Are there any obvious trade-offs for getting a newer home here?
The main trade-off is outdoor space. You are getting a modern home on a compact lot. If a large, private yard is a priority, this may not be the best fit. However, this is often the compromise for newer construction in a long-established neighbourhood.
5. What are comparable nearby properties?
The listing references 22 Morier Avenue (built 2022, similar size and value) as "worth viewing" for a direct comparison. Other nearby homes on Fifth Avenue are much older, highlighting this property's uniqueness on its own street.
