77 Guay Avenue

Glenwood, Winnipeg

Property score

45.5

Below average

Overall 45.5 · Smaller and older than most nearby homes

624 sqft (bottom 5%) · Built in 1924 (28 yrs older than avg)

Located in a above-average income area with median household income of ~86k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 3 healthcare facilitys, 1 shop, and 3 parks nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Below average

28 yrs older than neighborhood avg.

Mother tongue

English · 67%French · 17%

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

45.5 is composed by the two sections below.

Property Score

23.4Low
Living Area624 sqft15Low
Year Built192420Low
Lot Size3,877 sqft46Low
Neighbourhood Sales Activity69Good

Community Score

78.7Good
Household Income79Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110563

Community deep dive

$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

Population, labour & age

Population (2021)439
Labour force participation rate70%
Median age37.2
Avg household size2.2
Unemployment rate5%
Population density3658 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households34%
Couple families with children19%
Median household income (2020)$86K

Housing

Renter households30%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 17%

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

Rankings

Living Area

below average
624 sqft
0255075100
Same streetBottom 6%Same areaBottom 5%CitywideBottom 1%
Same street · Guay Avenue
#83 / 88
Bottom 6% · Avg 1,063 sqft
Same area · Glenwood
#1,634 / 1,716
Bottom 5% · Avg 1,015 sqft
Citywide · Winnipeg
#192,026 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
209k
0255075100
Same streetBottom 14%Same areaBottom 6%CitywideBottom 10%
Same street · Guay Avenue
#76 / 88
Bottom 14% · Avg 330.6k
Same area · Glenwood
#1,606 / 1,716
Bottom 6% · Avg 321.2k
Citywide · Winnipeg
#175,934 / 194,458
Bottom 10% · Avg 390.1k

Year Built

around average
1924
0255075100
Same streetBottom 41%Same areaBottom 22%CitywideBottom 15%

Lot Size

around average
3,877 sqft
0255075100
Same streetTop 39%Same areaBottom 35%CitywideBottom 24%

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

77 Guay Avenue — 12 amenities found within 500 m, across 5 categories, including 3 dining (nearest 340 m), 3 healthcare (nearest 424 m), 1 shopping (nearest 388 m).

Search radius
🍽️Dining3
🏥Healthcare3
🛒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 8/2016CA$150k–200k
Sold price

Same street

Bottom 10%

Same area

Bottom 4%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 77 Guay Avenue, Winnipeg

Property Overview

77 Guay Avenue is a compact, one-storey home in Winnipeg's Glenwood neighbourhood. Built in 1924, its key characteristic is its modest scale, with a living area of 624 sqft that places it well below average for similar homes in the area, on the street, and citywide. The property sits on a roughly average-sized lot for the immediate vicinity (3,877 sqft) and includes a detached garage. The assessed value is notably low at $20,900, reflecting its size and unrenovated basement condition. Its appeal lies in its fundamental utility as an affordable entry point into homeownership, a potential knockdown-and-rebuild candidate given the lot size, or a straightforward investment property. This home would suit buyers with minimal space needs, investors looking for a low-cost rental, or those seeking a land-value play in a mature neighbourhood who are comfortable with a project or a very basic living arrangement.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the home's very small size, age, and condition (notably the unrenovated basement). It reflects the value of the structure itself, which is modest, rather than just the land.

2. Is this a good option for a first-time buyer?
It could be, but with important caveats. The extremely low price and property taxes are major advantages. However, the limited living space and likely need for updates mean it's best suited for a buyer with a minimalist lifestyle or a very focused renovation budget.

3. What are the main considerations for an investor?
The low entry cost suggests potential for positive cash flow as a rental, but the small size will limit the tenant pool and rental income. The unrenovated state may also mean higher maintenance calls. Its value may be more tied to the long-term land value than rental yields.

4. How does the lot size compare, and what does that mean?
The lot is fairly typical for the street but below the Winnipeg average. It's large enough to accommodate the existing home and garage comfortably, but may have limitations for major additions or reconfigurations due to setback rules, making a teardown and rebuild the most straightforward path to a larger home.

5. The home is older than most on the street. Should I be concerned?
The 1924 build date means systems like wiring, plumbing, and the foundation require particularly thorough inspection. While it has stood for a century, maintenance and upgrades over the years will be the critical factor, not the age alone. Its rank shows several older homes still exist in the area.

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