51 Guay Avenue

Glenwood, Winnipeg

Property score

48.2

Below average

Overall 48.2 · Older than most nearby homes

949 sqft (top 48%) · Built in 1917 (35 yrs older 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: 3 dining spots, 4 healthcare facilitys, 1 shop, and 3 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 72%French · 8%

Past 10 years Glenwood sales snapshot (~80% of all data)

Sold Count

785

Median price

376k

$/sqft

$381/sqft

Avg build year

1952

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Property score

48.2 is composed by the two sections below.

Property Score

36.1Low
Living Area949 sqft42Low
Year Built191716Low
Lot Size2,585 sqft28Low
Neighbourhood Sales Activity69Good

Community Score

66.3Good
Household Income72Good
Education Level44Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110562

Community deep dive

$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

Population, labour & age

Population (2021)535
Labour force participation rate76%
Median age36.8
Avg household size2.0
Unemployment rate12%
Population density2326 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households41%
Couple families with children16%
Median household income (2020)$70K

Housing

Renter households43%
Condominium dwellings7%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority19%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 71%
Mother tongue (2nd)French · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
949 sqft
0255075100
Same streetBottom 45%Same areaTop 48%CitywideBottom 21%
Same street · Guay Avenue
#48 / 88
Bottom 45% · Avg 1,063 sqft
Same area · Glenwood
#819 / 1,716
Top 48% · Avg 1,015 sqft
Citywide · Winnipeg
#153,393 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

below average
224k
0255075100
Same streetBottom 19%Same areaBottom 11%CitywideBottom 12%
Same street · Guay Avenue
#71 / 88
Bottom 19% · Avg 330.6k
Same area · Glenwood
#1,521 / 1,716
Bottom 11% · Avg 321.2k
Citywide · Winnipeg
#171,172 / 194,458
Bottom 12% · Avg 390.1k

Year Built

below average
1917
0255075100
Same streetBottom 25%Same areaBottom 10%CitywideBottom 12%

Lot Size

around average
2,585 sqft
0255075100
Same streetBottom 40%Same areaBottom 19%CitywideBottom 6%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

51 Guay Avenue — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 219 m), 4 healthcare (nearest 320 m), 1 shopping (nearest 279 m).

Search radius
🍽️Dining3
🏥Healthcare4
🛒Shopping1
🌳Parks3
Worship2

Crime & Safety

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%

Sales History

Sold 9/2020CA$200k–250k
Sold price

Same street

Bottom 20%

Same area

Bottom 11%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 51 Guay Avenue, Winnipeg

Property Overview: 51 Guay Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Glenwood is a practical entry-point into the Winnipeg market. Built in 1917, it offers 949 sqft of living space and sits on a 2,585 sqft lot. The home has a basement, but it is not renovated, and there is no garage or pool.

Its primary appeal lies in its affordability and location. The assessed value is notably below averages for the street, neighbourhood, and city, suggesting a lower property tax burden and an accessible price point. While the living area is modest, it is reasonably sized for the immediate area. The lot, though smaller than many in the wider city, is average for Guay Avenue itself.

This property would best suit a first-time buyer, an investor, or a hands-on individual looking for a straightforward, no-frills home. It’s a candidate for those who prioritize getting into the market over move-in-ready perfection, and who are comfortable with a home that has a functional, unrenovated basement. The data indicates you are paying primarily for the land and location within Glenwood, with the house itself representing a value-oriented project.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's specific attributes—including its age, size, condition, and lack of renovations—compared to market trends. A significantly lower assessment often correlates with a lower purchase price and, importantly, lower annual property taxes.

2. What does "below average" for Year Built mean for me?
While the home is older than most in Winnipeg, it's not an outlier on its own street. This typically means potential for character but also a greater need for diligent inspection regarding foundational, electrical, and plumbing systems common to its era.

3. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is manageable with less maintenance, but offers limited space for expansions, large decks, or extensive landscaping. For the neighbourhood, it's a typical footprint, preserving the community feel.

4. The sold price history shows a range. What does that indicate?
The listed range from its last sale (2020) is based on public data estimates. Requesting the exact price from the site provides a concrete benchmark for how much the market has moved since then, which is crucial for understanding current value.

5. Who might this property not be suitable for?
It may not suit buyers seeking a turn-key home, those who require ample storage (note the lack of garage), or families needing significant room to grow indoors. The unrenovated basement also means any finished living or storage space would be a future project.

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