Property score
58.5
Fair
Overall 58.5 · Smaller but newer than most nearby homes
937 sqft (bottom 14%) · Built in 1957
Located in a high-income area with median household income of ~92k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 87%Tagalog · 5%
Past 10 years Jameswood sales snapshot (~80% of all data)
203
341.5k
$321/sqft
1957
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58.5 is composed by the two sections below.
Property Score
Community Score
Jameswood
How to read: Share of sales in each ~$50k price band for “jameswood” (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: #46110272
$92K
Median household income
$91K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.3
P90 / P10 ratio
35%
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
2 Leicester Square — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 199 m), 1 education (nearest 287 m), 1 parks (nearest 137 m).
Jameswood · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Other
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 21% | Top 12% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
2 Leicester Square is a one-and-a-half storey home in Winnipeg's Jameswood neighbourhood, built in 1957. It features a renovated basement and a detached garage on a 4,997 sqft lot. With 937 sqft of living space, it is a compact home that stands out for its above-average assessed value within its immediate area.
Key Characteristics & Appeal
This home’s primary appeal lies in its strong financial positioning within its local context. Despite having a smaller-than-average living area and lot size for both Leicester Square and Jameswood, its assessed value ranks in the top 21% on the street and top 16% in the neighbourhood. This suggests the property is perceived as well-maintained, desirable, or offering good value for the area. The renovated basement adds modern livable space, a key update for a home of this era. Its vintage 1957 build date is actually among the oldest on the street, which may charm buyers interested in classic neighbourhood character.
It would best suit a first-time homebuyer, downsizer, or pragmatic investor looking for an efficient footprint in a stable neighbourhood. The smaller scale means lower utility costs and less maintenance, while the high relative assessment indicates a solid investment for the locale. It’s a practical choice for someone prioritizing financial prudence and a manageable property over sheer size.
Frequently Asked Questions
1. Is the smaller living area a concern?
While below the average for comparable homes nearby, the 937 sqft layout is efficient. The renovated basement effectively expands the usable living space, making it feel larger than the official square footage suggests.
2. Why is the assessed value high relative to the home's size?
A higher assessment compared to area averages often reflects recent improvements (like the basement renovation), desirable location on the street, or overall property condition. It indicates the municipality views it as a premium property within its peer group.
3. What does the lot size mean for me?
At just under 5,000 sqft, the lot is smaller than many in Jameswood. This translates to less yard maintenance, which can be a benefit, but may limit expansion possibilities or spacious outdoor living setups.
4. How does the age of the home affect things?
Built in 1957, the home’s systems (roof, plumbing, electrical) may need attention or updating unless already addressed. However, its status as one of the original homes on the street adds established neighbourhood character.
5. Who are the typical neighbours?
The nearby sold listings and similar-value properties suggest a mix of long-time residents in original homes and newer owners who have invested in updates. The consistent assessed values on the street point to a stable, mature community.
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