45.5
Below average
Property score
45.5
Below average
Overall 45.5
Older than most nearby homes
803 sqft (bottom 31%)
Built in 1912 (40 yrs older than avg)
Located in a above-average income area
with median household income of ~70k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 3 dining spots, 4 healthcare facilitys, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
40 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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45.5 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
43 Fifth Avenue — 12 amenities found within 500 m, across 5 categories, including 3 dining (nearest 180 m), 4 healthcare (nearest 231 m), 1 shopping (nearest 198 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 48% | Top 46% | Bottom 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 43 Fifth Avenue, Glenwood, Winnipeg
This one-storey home in Glenwood presents a specific and practical opportunity in Winnipeg's housing market. Its appeal is rooted in being a more affordable, renovated entry point into a stable neighbourhood, suited for a particular type of buyer.
Key Characteristics & Buyer Suitability
The home is defined by its compact, efficient layout at 803 sqft and its renovated basement, offering functional living space on a standard city lot. Built in 1912, it carries the character and potential maintenance considerations of an older home. Its assessed value of $260k is notably below the Winnipeg city-wide average, which is its primary draw.
The appeal lies in affordability and move-in readiness. For buyers priced out of larger, newer homes, this property offers a foothold in a residential neighbourhood. The renovated basement adds valuable flexible space, whether for storage, a home office, or guests. It suits first-time buyers, downsizers looking for a manageable single-level layout, or pragmatic investors seeking a rental property with a lower entry cost. A thoughtful perspective is recognizing this as a "value-over-space" proposition: you're trading square footage for location and a renovated condition at a competitive price point. It’s for those who prioritize financial accessibility and function over size or modern build.
Frequently Asked Questions
1. Is the $260k assessment close to the expected selling price?
While assessments are a guideline, the recent sold price history (2021: $285k-$315k) and current market conditions will be stronger indicators. The below-average assessment suggests a potentially lower entry point compared to many city homes.
2. How does the smaller living area (803 sqft) compare to the neighbourhood?
It's below average for both Fifth Avenue and Glenwood. This confirms the home as a compact option, but the renovated basement effectively expands the usable space.
3. What are the implications of the home being built in 1912?
It means potential for classic architectural charm but also necessitates a thorough inspection. Key systems like plumbing, electrical, and the foundation should be carefully evaluated, even with a renovated basement.
4. The lot size is noted as below average. Is that a major concern?
At just over 3,000 sqft, the lot is smaller than many but is still a standard city dimension. It provides adequate yard space for gardening or relaxation without the maintenance burden of a larger plot.
5. Who would this property NOT be well-suited for?
It may not suit buyers needing multiple large bedrooms, extensive main-floor living space, or those hesitant about the upkeep and potential update schedule of a 114-year-old home. It's designed for efficient, not expansive, living.
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