Property score
59.1
Fair
Overall 59.1 · Newer than most nearby homes
988 sqft (bottom 33%) · Built in 1957
Located in a high-income area with median household income of ~92k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 sports facility nearby
Living Area
Below average
7% 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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59.1 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
50 Paisley Place — 7 amenities found within 500 m, across 6 categories, including 1 dining (nearest 277 m), 1 education (nearest 271 m), 2 parks (nearest 165 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 | Bottom 38% | Top 38% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 Paisley Place, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Jameswood presents a specific, value-oriented opportunity. Its key characteristic is a significant disconnect: it sits on a notably large lot for its street (over 5,300 sq ft, ranking in the top 8% locally) while having one of the lowest assessed values in the immediate area. Built in 1957, it is actually the oldest home on Paisley Place, which may appeal to those interested in classic character or a straightforward renovation canvas. The living space (988 sq ft) is modest but in line with neighborhood averages.
The primary appeal lies in its potential. The combination of a very low property assessment and a generous lot size in a stable area suggests a chance for equity growth through updates or expansion. It suits practical, value-focused buyers such as first-time homeowners comfortable with a project, investors looking for a hold-and-renovate property, or downsizers seeking a single-level layout with ample outdoor space without a premium price tag. It’s a home where the value is arguably in the land and the opportunity, rather than in its current finished state.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's current state as of the last evaluation. Given its age and likely original condition compared to updated neighbors, the assessment reflects the existing structure, not the potential of the large lot.
2. What does "Elite" ranking for Year Built mean?
This can be counterintuitive. Here, "Elite" means it is among the oldest homes on the street, as rankings favor newer construction. It indicates the home has original character but may require more attention to major aging components like roof, plumbing, or wiring.
3. Is the lot size a genuine advantage?
Yes. The lot is larger than most on the street, offering more private outdoor space and potential for additions, a garden, or a future garage. This is a key asset that isn't reflected in the current home's price.
4. How reliable are the sold price ranges shown?
The ranges are based on public data. For the exact historical sale price, you must request it via email from the listing service. This is a common practice to verify serious interest and provide precise data.
5. Who would this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without any renovation needs. Given its age and value positioning, it likely requires updates and a willingness to invest time or capital into improvements.
