48.1
Below average
Property score
48.1
Below average
Overall 48.1
Smaller but newer than most nearby homes
728 sqft (bottom 15%)
Built in 1952 (19 yrs newer than avg)
Located in a above-average income area
with median household income of ~78k
Transit 92.0
4-min walk to transit with 5 nearby routes
Within 500m: 11 dining spots, 2 schools, 5 healthcare facilitys, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 65%Tagalog · 16%
Past 10 years Minto sales snapshot (~80% of all data)
825
271.7k
$287/sqft
1933
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
48.1 is composed by the two sections below.
Property Score
Community Score
Minto
How to read: Share of sales in each ~$50k price band for “minto” (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: #46110106
$78K
Median household income
$81K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
29%
Single-person households
27%
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
588 Garfield Street N — 27 amenities found within 500 m, across 7 categories, including 11 dining (nearest 281 m), 2 education (nearest 481 m), 5 healthcare (nearest 255 m).
Minto · WPS public data · 2026
Annual incidents
48
2026
vs. city avg
+63%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Other
46%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 41% | Top 37% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 588 Garfield Street N, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot and modern construction relative to its immediate neighborhood. The 728 sqft house, built in 1952, is notably newer than most on its street and in the Minto area, placing it in the top 10% locally for year built. Its primary standout feature is the 4,203 sqft land area, which is significantly larger than typical lots on Garfield Street N and in Minto, ranking in the top 6% and 13% respectively. This combination suggests a home that may require updates but sits on a substantial, rare parcel of land for the area.
The appeal lies in this land potential and a relatively recent sold price (2025, CA$250k–300k) that sits below the city-wide average. It suits practical buyers looking for a foothold in the city—first-time homeowners, investors, or builders—who see value in the land itself. The buyer likely prioritizes lot size over living space and is comfortable with a home that is smaller and more modest in assessed value compared to the Winnipeg average, but who recognizes the opportunity in owning one of the larger, newer properties on the block.
Section 2: Frequently Asked Questions
1. Is the house small compared to others?
Yes. At 728 sqft, the living area is below the average for the street, the Minto area, and Winnipeg overall.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value of $25,600 is in line with local area averages but is far below the Winnipeg average because it reflects the home's modest size and the typically lower property values in this neighborhood compared to more expensive city sectors.
3. What does the "Elite" ranking for Year Built mean?
It means this 1952-built home is among the newest 4% of comparable properties on Garfield Street N, where the average build year is 1930. It’s a relatively modern structure in a historic neighborhood.
4. How does the lot size compare?
The lot is a key feature. At 4,203 sqft, it is over 1,000 sqft larger than the average lot on the same street, offering more outdoor space or future expansion potential than most nearby properties.
5. What can the recent sold price tell me?
The 2025 sale in the $250k-$300k range indicates the market price was significantly higher than the assessed value, which is common. It positions the property in the lower-mid range for the city (top 72%), suggesting it is an affordable entry point into the Winnipeg market.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
