Property score
47.3
Below average
Overall 47.3 · Older than most nearby homes
884 sqft (bottom 41%) · Built in 1922 (30 yrs older than avg)
Located in a above-average income area with median household income of ~70k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 5 healthcare facilitys, 1 shop, and 5 parks nearby
Living Area
Near average
13% smaller than neighborhood avg.
Year Built
Below average
30 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 8%
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: #46110562
$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
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
7 Fifth Avenue — 17 amenities found within 500 m, across 5 categories, including 4 dining (nearest 66 m), 5 healthcare (nearest 120 m), 1 shopping (nearest 73 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 9% | Bottom 11% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Fifth Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1922, presents a practical opportunity in Winnipeg's Glenwood neighbourhood. Its key appeal lies in its position as a modest, no-frills property with a renovated basement, situated on a standard city lot. The living space (884 sq ft) is compact, ranking around the local average for the street and area, making it a true starter home or a downsizing option.
The property’s most notable characteristic is its significantly below-average assessed value, both for the immediate street and citywide. This suggests an entry point well below the typical market, which could attract buyers looking for affordability or a project with a lower initial tax burden. It suits a pragmatic first-time buyer, an investor seeking a rental property with a manageable entry cost, or someone looking for a straightforward home without the premium of modern square footage. A thoughtful perspective is that its age and smaller size compared to city averages may translate to lower utility and maintenance costs, offering a different kind of value beyond the purchase price.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
Assessed value is for municipal tax purposes and is influenced by factors like home size, age, and features. This home's compact size and 1922 build date contribute to its lower assessment compared to larger or newer properties in the area.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent to understand if it's a finished living space, a utility update, or something else.
3. How does the sold price history inform an offer?
The home sold previously in late 2020 for an estimated range. This provides a historical benchmark, but current market conditions, the state of the renovation, and any further updates since that sale will be critical in determining today's value.
4. Is the detached garage included?
Yes, the property includes a detached garage. Buyers should confirm its size, condition, and suitability for their needs, such as vehicle storage or workshop space.
5. What are the implications of the home's age?
Built in 1922, the home is older than most in Winnipeg. This can mean charming character but also warrants a thorough inspection to understand the condition of fundamental systems like wiring, plumbing, and the foundation, which may need updating or maintenance.
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