56.7
Fair
Property score
56.7
Fair
Overall 56.7
Newer than most nearby homes
852 sqft (bottom 37%)
Built in 1954 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~86k
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 17%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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56.7 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: #46110563
$86K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
34%
Single-person households
19%
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
72 Fifth Avenue — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 293 m), 4 healthcare (nearest 366 m), 1 shopping (nearest 333 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 39% | Top 31% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 72 Fifth Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood is defined by its generous, above-average lot size of over 6,100 sqft—a standout feature that ranks it in the top 7% of the neighbourhood. While the 852 sqft living area is modest, the property has been updated with a renovated basement. It features a detached garage and was built in 1954, making it newer than many homes on its street and in Glenwood overall.
The primary appeal lies in its land value and potential. The large lot offers significant outdoor space, room for expansion, or gardening, which is increasingly rare. Its assessed value is strong for the immediate area, suggesting a solid foundation of value. This property would suit a first-time buyer or downsizer looking for a manageable, single-level layout with the bonus of a renovated basement for extra space. It’s also a sensible fit for a value-oriented buyer or investor who sees potential in the land itself, whether for long-term enjoyment or future improvement.
Section 2: Frequently Asked Questions
1. Is the house small for the neighbourhood?
Yes, the living area is below the average for Fifth Avenue and Winnipeg overall. However, this is balanced by the lot size, which is significantly larger than most in Glenwood.
2. What does the "above average" assessed value mean?
It means the municipal assessment for this home is higher than most comparable homes on its street and in Glenwood. This can indicate a higher perceived value by the assessor, often influenced by the large lot and renovations, but it's not a direct market price.
3. Who might this property not suit?
Buyers seeking a large, modern interior or a brand-new home may find the living space too compact. It may also not fit someone wanting a turn-key property with a garage attached to the house.
4. The home sold in late 2020. Is the price history relevant?
The past sale price provides a historical benchmark, but market conditions have likely changed. The detailed assessment and lot metrics are more current indicators of its standing relative to other properties.
5. How useful is the "newer than average" build year?
Built in 1954, it is newer than many nearby homes, which often date to the late 1940s. This can suggest potentially fewer issues related to very old infrastructure, though a thorough inspection is always recommended.
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