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
48 Essex Avenue — 11 amenities found within 500 m, across 5 categories, including 5 dining (nearest 193 m), 1 education (nearest 296 m), 1 healthcare (nearest 182 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 34% | Bottom 18% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 48 Essex Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1929, offering a straightforward and affordable entry into Winnipeg’s Glenwood neighbourhood. With 616 square feet of living space, it is notably smaller than most homes in the area and city-wide, positioning it as a minimalist or starter option. The lot size of 3,845 sqft is fairly typical for the street and provides decent outdoor space relative to the home's footprint.
Its primary appeal lies in its low financial barrier to entry, underscored by a modest assessed value that is average for Essex Avenue but below the wider area averages. The home has an unfinished basement and no garage, presenting a clean slate for future improvements. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a downsized, low-maintenance living arrangement. A thoughtful perspective for a buyer is the potential to use the proportionally larger lot compared to the home's size for gardening, outdoor living, or even a future expansion, which is a less common opportunity in this price range.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 616 sqft, the living area is below average for the Glenwood neighbourhood and significantly smaller than the typical Winnipeg home. It ranks in the bottom 10% locally for size.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is $23,800, which is around average for Essex Avenue. However, recent sold prices on the street (like 34 Essex at ~$21.5k-$24.5k in 2020) and similar assessed values city-wide suggest this is a very low-price-point property. Market conditions and the home's condition will determine the final sale price.
3. What does the "unfinished basement" mean for potential?
The basement is noted as "not renovated," meaning it is in a raw state. This offers flexibility for future development (like adding living space or storage) but will require a significant investment to finish.
4. What are the implications of the 1929 build date?
Built 97 years ago, the home is older than most in the city. Buyers should budget for potential updates to older mechanical systems, insulation, or windows, and ensure a thorough inspection.
5. How does the property rank for land value?
The land area is around average for the street but below average city-wide. Its ranking suggests the value is primarily in the land itself, which is a common scenario for older, smaller homes in established neighbourhoods.
