53 Paisley Place

Jameswood, Winnipeg

Property score

62.7

Fair

Overall 62.7 · Newer than most nearby homes

1,007 sqft (bottom 40%) · 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, 1 park, and 1 sports facility nearby

Living Area

Near average

5% 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)

Sold Count

203

Median price

341.5k

$/sqft

$321/sqft

Avg build year

1957

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Property score

62.7 is composed by the two sections below.

Property Score

53.3Fair
Living Area1,007 sqft52Fair
Year Built195743Low
Lot Size5,197 sqft67Good
Neighbourhood Sales Activity69Good

Community Score

76.9Good
Household Income81Excellent
Education Level44Low
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46110272

Community deep dive

$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

Population, labour & age

Population (2021)427
Labour force participation rate68%
Median age38.8
Avg household size2.2
Unemployment rate0%
Population density2668 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households35%
Couple families with children20%
Median household income (2020)$92K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority10%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
1,007 sqft
0255075100
Same streetTop 38%Same areaBottom 40%CitywideBottom 27%
Same street · Paisley Place
#9 / 24
Top 38% · Avg 1,016 sqft
Same area · Jameswood
#259 / 431
Bottom 40% · Avg 1,059 sqft
Citywide · Winnipeg
#142,645 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

below average
278k
0255075100
Same streetBottom 4%Same areaBottom 21%CitywideBottom 24%
Same street · Paisley Place
#23 / 24
Bottom 4% · Avg 299.7k
Same area · Jameswood
#339 / 431
Bottom 21% · Avg 305.3k
Citywide · Winnipeg
#148,491 / 194,458
Bottom 24% · Avg 390.1k

Year Built

Elite
1957
0255075100
Same streetTop 4%Same areaTop 2%CitywideBottom 37%

Lot Size

around average
5,197 sqft
0255075100
Same streetTop 46%Same areaBottom 32%CitywideTop 50%

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

53 Paisley Place — 7 amenities found within 500 m, across 6 categories, including 1 dining (nearest 319 m), 1 education (nearest 323 m), 1 parks (nearest 133 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks1
💪Sports1
Fuel Stations1
Worship2

Crime & Safety

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%

Sales History

Sold 9/2020CA$250k–300k
Sold price

Same street

Bottom 8%

Same area

Bottom 33%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 53 Paisley Place, Winnipeg

Property Overview: 53 Paisley Place, Winnipeg

Key Characteristics & Appeal

This is a modest, one-storey home built in 1957, situated on a standard-sized lot in the Jameswood neighbourhood. With just over 1,000 square feet of living space, the house is typical for its immediate street and area, offering a practical layout for simpler living. Its standout characteristic is its exceptionally low assessed value, which ranks in the bottom quarter of homes on its own street and well below averages for Jameswood and Winnipeg overall. This creates a compelling entry point into the market.

The primary appeal lies in its affordability and potential. It represents one of the most accessible price points in the area, suited for a first-time buyer, an investor, or someone seeking a minimal property tax burden. The lot size is average, providing reasonable outdoor space for a home of this era. A less obvious perspective is that its "elite" ranking for year built on its street indicates it is among the oldest homes in the vicinity, which can appeal to buyers interested in character homes from that period or who see value in the established, mature setting of the neighbourhood.

This property would best suit a practical buyer with a limited budget who is comfortable with a home that likely requires updates or maintenance. It’s also a candidate for an investor looking for a rental property with a lower initial investment. It is not suited for someone seeking modern finishes, ample space, or premium neighbourhood amenities without a significant renovation plan.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is a municipal valuation for tax purposes and is significantly below area averages. This typically reflects the home’s age, condition, size, and lack of recent major upgrades compared to neighbouring properties.

2. What does the "elite" ranking for year built mean?
This statistical ranking indicates 53 Paisley Place is one of the very first homes built on its street (rank 1 out of 24). It doesn't denote luxury, but rather that it's a founding home of that specific block, offering a well-established setting.

3. Is the sold price history provided exact?
No, the listed sold price is a range based on public data. The exact sale price from September 2020 can be requested directly from SaveOnHouse via email for accuracy.

4. What are the implications of having no basement?
A lack of a basement limits storage space and potential for adding finished living area. It can also mean all mechanical systems (furnace, water heater) are on the main floor, which may affect layout and noise. This is a key consideration for space needs.

5. How does the living area compare to a typical Winnipeg home?
At 1,007 sq ft, it is below the Winnipeg city-wide average for comparable homes (1,342 sq ft). However, it is very close to the average for both its immediate street (1,016 sq ft) and the Jameswood area (1,059 sq ft), making it a standard-sized home for this specific locale.

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