Property score
42.9
Below average
Overall 42.9 · Smaller and older than most nearby homes
616 sqft (bottom 4%) · Built in 1929 (23 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 1 park nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Below average
23 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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42.9 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
46 Essex Avenue — 11 amenities found within 500 m, across 5 categories, including 5 dining (nearest 186 m), 1 education (nearest 291 m), 1 healthcare (nearest 175 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 50% | Bottom 29% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 46 Essex Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1929. Its key characteristic is its modest scale, with a living area of 616 sqft that places it well below the average size for the city, the area, and even its own street. This is balanced by a nearly 3,850 sqft lot that is slightly larger than average for the immediate vicinity. The home features a basement (not renovated) and a detached garage.
The primary appeal lies in its position as an accessible entry point into the market. The assessed value is notably low, which typically translates to lower property taxes, making it a financially manageable holding. It suits a specific type of buyer: those seeking a minimal footprint, such as a first-time buyer comfortable with a "right-sized" home, an investor looking for a rental property with a low carrying cost, or someone interested in the potential of the land itself for future expansion or redevelopment. Its charm is not in grandeur, but in opportunity and simplicity.
Frequently Asked Questions
1. Is this a "tear-down" property?
While the living space is small and the basement is unrenovated, the data doesn't explicitly state the home's condition. Its value is significantly land-based, given the lot size relative to the assessed value. It could appeal to both someone seeking a liveable starter home and an investor considering future redevelopment.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics—its small size, age, and likely basic condition—within its market context. It's more aligned with values on its own street and in Glenwood, which are generally lower than the Winnipeg city-wide average for single-family homes.
3. What does the sold price history indicate?
The listed sale in July 2023 for approximately $23.5k–$26.5k is close to the current assessed value of $22.9k. This suggests a stable, low-value market for properties of this type in this location, not typically subject to the high volatility seen in other segments.
4. Who would this property NOT suit?
It would not suit buyers looking for move-in-ready, modern finishes or spacious family living. The small square footage and unrenovated basement mean it requires a buyer comfortable with existing conditions or willing to undertake updates in a compact space.
5. How meaningful are the "top percentile" rankings provided?
They provide context. For example, being in the "Top 91%" for living area on its street means 90% of homes on Essex Avenue are larger—highlighting this home's notably small size. Conversely, its land size ranking is closer to average for the street, underscoring that the lot is a proportional strength.
