550 Whytewold Road

Jameswood, Winnipeg

Property score

57.0

Fair

Overall 57.0 · Smaller but newer than most nearby homes

884 sqft (bottom 6%) · Built in 1957

Located in a high-income area with median household income of ~95k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 fuel station nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 76%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

57.0 is composed by the two sections below.

Property Score

40.3Low
Living Area884 sqft32Low
Year Built195743Low
Lot Size4,995 sqft60Fair
Neighbourhood Sales Activity69Good

Community Score

82.0Excellent
Household Income83Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health96Excellent

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: #46110273

Community deep dive

$95K

Median household income

$106K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

32%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)553
Labour force participation rate78%
Median age40.0
Avg household size2.4
Unemployment rate2%
Population density2212 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households32%
Couple families with children28%
Median household income (2020)$95K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority27%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

below average
884 sqft
0255075100
Same streetBottom 8%Same areaBottom 6%CitywideBottom 15%
Same street · Whytewold Road
#117 / 127
Bottom 8% · Avg 1,155 sqft
Same area · Jameswood
#407 / 431
Bottom 6% · Avg 1,059 sqft
Citywide · Winnipeg
#165,107 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

below average
247k
0255075100
Same streetBottom 5%Same areaBottom 1%CitywideBottom 16%
Same street · Whytewold Road
#121 / 127
Bottom 5% · Avg 312.6k
Same area · Jameswood
#425 / 431
Bottom 1% · Avg 305.3k
Citywide · Winnipeg
#162,409 / 194,458
Bottom 16% · Avg 390.1k

Year Built

Elite
1957
0255075100
Same streetTop 7%Same areaTop 2%CitywideBottom 37%

Lot Size

around average
4,995 sqft
0255075100
Same streetBottom 3%Same areaBottom 3%CitywideBottom 44%

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

550 Whytewold Road — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 212 m), 1 education (nearest 183 m), 2 parks (nearest 233 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
Fuel Stations1
Worship1

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 1/2016CA$200k–250k
Sold price

Same street

Bottom 7%

Same area

Bottom 1%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 550 Whytewold Road, Winnipeg

Property Overview: 550 Whytewold Road, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1957, situated on a standard-sized lot in the Jameswood neighbourhood. With 884 square feet of living space, no basement, and no garage, the home presents a straightforward, low-maintenance footprint. Its standout characteristic is its age relative to the immediate area; it is notably newer than most comparable homes on Whytewold Road and in Jameswood, which can suggest updated infrastructure or materials. The assessed value is significantly below average for the city, indicating a very accessible entry point into the Winnipeg market.

The appeal lies in its simplicity and potential. It suits a first-time buyer, an investor, or someone looking to downsize into a manageable property without the burden of a large yard or complex structure. The price point allows room for personal updates or to simply hold a mortgage-free asset. A less obvious perspective is that a home of this era on a lot of this size may represent a "last of its kind" opportunity in the area, as newer developments typically feature different layouts and densities. It’s a practical choice for those whose priorities are financial accessibility and a basic shelter, over modern amenities or space.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's specific characteristics—its smaller size, lack of basement or garage, and the market values for similar modest homes in its area. It reflects a different market segment than the city-wide average, which includes larger, fully equipped homes.

2. What does it mean that the home is "newer" than others in Jameswood?
While built in 1957, comparable homes in this specific neighbourhood and on this street average an earlier build year (1949 for the street). This suggests the home could have advantages like more modern wiring, plumbing, or design for its era compared to immediate neighbours, though a full inspection is necessary.

3. What are the implications of having no basement or garage?
This means all living and storage space is on the main floor. It simplifies maintenance and reduces risks associated with basement moisture, but it also limits storage, mechanical system placement, and potential for below-ground expansion. On-site parking would be limited to a driveway.

4. How reliable are the sold price ranges shown?
The ranges are based on publicly available data. For the exact historical sold price, you must request it via email. The service is manual but provided without marketing spam, ensuring you get accurate figures for your research.

5. Who would this property not suit?
It would not suit buyers needing multiple bedrooms, significant storage, dedicated parking (like a garage), or who desire a large yard. It’s also less ideal for those looking for a move-in-ready modern home without any planned updates or renovations.

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