48.1
Below average
Property score
48.1
Below average
Overall 48.1
Smaller than most nearby homes
738 sqft (bottom 20%)
Built in 1943 (9 yrs older than avg)
Located in a above-average income area
with median household income of ~70k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 5 healthcare facilitys, 1 shop, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Below average
9 yrs older 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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48.1 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
426 St Mary'S Road — 19 amenities found within 500 m, across 5 categories, including 4 dining (nearest 125 m), 5 healthcare (nearest 107 m), 1 shopping (nearest 90 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 48% | Top 32% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 426 St Mary's Road, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1943. Its primary appeal lies in a significant land-to-building ratio. The house itself is modest at 738 sq ft, placing it below average in size for the area, but it sits on a large, approximately 10,366 sq ft lot. This lot size is exceptional for Glenwood, ranking in the top 1% of the neighborhood, offering substantial outdoor space and potential. The home features a renovated basement and a detached garage.
Its assessed value is notably above average for Glenwood, suggesting the large lot is a key contributor to its municipal valuation. The property would suit a buyer looking for a starter home or downsizing option with the rare advantage of a large yard in the city. It's also a candidate for a long-term hold, where the land itself represents the core investment. A thoughtful perspective is that the below-average living space requires efficient use, but the lot offers room for expansion, gardening, or outdoor living that is uncommon in this setting.
Frequently Asked Questions
1. Why is the assessed value above average for Glenwood when the house is smaller than average?
The primary driver is the property's very large lot size, which is in the elite 1% for the neighborhood. Municipal assessments factor in land value significantly.
2. What does having a "renovated basement" typically mean for a home of this era?
While specifics would require a viewing, in a 1943 home this often indicates updated essentials like flooring, lighting, and drywall, possibly creating a more functional living or utility space. It's important to verify the scope of renovations and any updates to foundational elements like plumbing and electrical.
3. The home last sold in 2017. What might have changed since then?
Market conditions have evolved, and the owner may have made further updates not captured in the basic assessment. The exact sale price from 2017 is available upon request to provide a concrete historical benchmark.
4. How does the detached garage add value?
It provides secure storage or workshop space separate from the house, a valuable asset especially when the main living area is compact. It also preserves potential for future laneway or auxiliary building development, given the lot size.
5. Is the smaller living area a major drawback?
It depends on the buyer's needs. For some, it means lower utility costs and less maintenance. The renovated basement can offset this by providing additional usable space. The trade-off is clear: you are prioritizing a large, valuable lot over a large interior footprint.
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