Property score
47.3
Below average
Overall 47.3 · Smaller and older than most nearby homes
745 sqft (bottom 22%) · Built in 1922 (30 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
27% smaller than neighborhood avg.
Year Built
Below average
30 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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47.3 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
56 Essex Avenue — 11 amenities found within 500 m, across 5 categories, including 5 dining (nearest 219 m), 1 education (nearest 312 m), 1 healthcare (nearest 208 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 21% | Top 40% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
56 Essex Avenue is a classic one-storey home in Winnipeg's Glenwood neighborhood, built in 1922. Its primary appeal lies in a rare combination for the area: a modest, renovated 745 sqft house situated on a significantly larger-than-average lot of over 5,100 sqft. This creates a distinct value proposition centered on land potential and a manageable footprint.
Key Characteristics & Ideal Buyer
The home itself is compact, with a living area below the neighborhood and city averages, but it benefits from a renovated basement. Its assessed value is positioned below the broader city average, suggesting a relatively accessible entry point for the market. The standout feature is the land. The lot size ranks in the top 4% on its own street and the top 22% in Glenwood, offering substantial outdoor space that is uncommon for homes of this vintage and price range.
This property would suit a specific type of buyer. It's ideal for a first-time homeowner or downsizer who prioritizes outdoor space—for gardening, pets, or future additions like a large shed or deck—over expansive indoor square footage. It also holds clear appeal for a land-value investor or builder who sees the potential in the generous lot, whether for future expansion, redevelopment, or simply holding a scarce asset in a mature neighborhood. The recent sale in early 2025 indicates it was priced competitively, likely reflecting its unique "small home, big lot" dynamic.
Frequently Asked Questions
1. Is the house too small for a growing family?
While the 745 sqft living area is cozy, the renovated basement provides additional flexible space. The true advantage for a family is the exceptionally large yard, offering room for children to play that is often unavailable in newer subdivisions with larger homes but smaller lots.
2. What does the "below average" assessed value mean for property taxes?
A below-average assessed value relative to the city generally correlates with lower property taxes than a newer or larger home. However, taxes are also influenced by municipal mill rates and specific improvements. The assessed value here suggests a relatively efficient tax footprint for the amount of land you control.
3. Are there any concerns with a home built in 1922?
While the basement has been renovated, a home of this age will have a character and construction methods of its era. A thorough inspection is essential to understand the condition of core systems like wiring, plumbing, and the foundation, and to plan for ongoing maintenance typical of a century-old structure.
4. How does the large lot add value beyond just having a big yard?
Beyond immediate enjoyment, the lot size is a financial asset. It provides options that smaller lots do not, such as the feasibility of a significant addition, the potential for legal subdivision (subject to zoning), or simply a premium when selling to buyers seeking space in an established area.
5. The home recently sold. Why is it relevant now?
The sale history, particularly a very recent transaction, provides a critical, real-world benchmark for the home's market value. It shows what a buyer was willing to pay for this specific combination of features in the current market, offering a solid foundation for understanding its worth compared to listed prices of similar properties.
