55 Fifth Avenue

Glenwood, Winnipeg

64.8

Fair

Overall 64.8

Larger but older than most nearby homes

1,450 sqft (top 11%)

Built in 1917 (35 yrs older than avg)

Located in a above-average income area

with median household income of ~70k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 3 dining spots, 4 healthcare facilitys, 1 shop, and 2 parks nearby

Living Area

Above average

43% larger 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

64.8 is composed by the two sections below.

Property Score

63.8Fair
Living Area1,450 sqft75Good
Year Built191716Low
Lot Size6,114 sqft81Excellent
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

above average
1,450 sqft
0255075100
Same streetTop 19%Same areaTop 11%CitywideTop 33%
Same street · Fifth Avenue
#13 / 68
Top 19% · Avg 1,091 sqft
Same area · Glenwood
#181 / 1,716
Top 11% · Avg 1,015 sqft
Citywide · Winnipeg
#64,735 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
336k
0255075100
Same streetTop 31%Same areaTop 29%CitywideBottom 41%
Same street · Fifth Avenue
#21 / 68
Top 31% · Avg 325.6k
Same area · Glenwood
#500 / 1,716
Top 29% · Avg 321.2k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

below average
1917
0255075100
Same streetBottom 29%Same areaBottom 10%CitywideBottom 12%

Lot Size

above average
6,114 sqft
0255075100
Same streetTop 29%Same areaTop 9%CitywideTop 28%

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

55 Fifth Avenue — 12 amenities found within 500 m, across 5 categories, including 3 dining (nearest 220 m), 4 healthcare (nearest 269 m), 1 shopping (nearest 239 m).

Search radius
🍽️Dining3
🏥Healthcare4
🛒Shopping1
🌳Parks2
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 5/2021CA$300k–350k
Sold price

Same street

Top 42%

Same area

Top 32%

City-wide

Top 49%

Related homes

Highlights & common questions: 55 Fifth Avenue, Winnipeg

Property Overview

This one and three-quarter storey home in Winnipeg's Glenwood neighborhood presents a classic character property with practical updates. Built in 1917, it sits on a notably large lot for the area, over 6,100 square feet, offering above-average outdoor space. The 1,450 square foot living area is spacious compared to most homes on its street and in Glenwood. Key features include a renovated basement and a detached garage. Its assessed value is in line with the local area average.

Section 1: Key Characteristics & Appeal

This home’s primary appeal lies in its generous proportions—both in living space and land size—within a mature neighborhood. It suits a buyer looking for a character home with room to breathe, potentially for gardening, children, or future additions, without the premium price of a new build. The renovated basement adds functional living space, a valuable update in an older home.

It would be an excellent fit for a practical buyer who appreciates older home charm but wants some modern convenience, and for whom a large, private yard is a priority over a brand-new construction. A less obvious point is its appeal to value-conscious buyers: its living space ranks highly within its immediate area, meaning you get more interior room per dollar here than in many neighboring homes. However, it’s best suited for those comfortable with the maintenance considerations of a century-old structure.

Section 2: Frequently Asked Questions

1. What does "one and three-quarter storey" mean?
Typically, this style features a full main floor and a second floor where the roofline slopes inward, creating some rooms with full-height walls and others with sloped ceilings or dormer windows. It offers more space than a bungalow but often with a cozier feel on the upper level than a full two-storey.

2. How does the large lot size benefit me?
Beyond simple outdoor space, a larger lot in an older neighborhood like Glenwood can provide more privacy, better potential for landscaping, and future flexibility (like adding a shed or deck) that isn't possible on tighter lots. It can also contribute to long-term value.

3. The home is older—what should I check?
While the basement has been renovated, it's wise to have a thorough inspection focusing on foundational integrity, the age and condition of the roof, wiring, plumbing, and insulation. These are common areas where older homes may need attention or have already been updated.

4. The assessed value is noted as "around average." What does that indicate?
It suggests the property is priced consistently with the local market, not over- or under-valued based on municipal assessment. It provides a stable, predictable base for property taxes and suggests the home is not an outlier, which can be reassuring for financing and resale.

5. Is the detached garage a pro or a con?
This depends on preference. It provides flexible storage or workshop space separate from the house. The downside is exposure to the elements when going between your car and home in winter. For some, the separation is a benefit; for others, an attached garage is a key convenience.

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