42.5
Below average
Property score
42.5
Below average
Overall 42.5
Smaller than most nearby homes
696 sqft (bottom 10%)
Built in 1940 (7 yrs newer than avg)
Located in a above-average income area
with median household income of ~74k
Transit 92.0
4-min walk to transit with 5 nearby routes
Within 500m: 12 dining spots, 2 schools, 4 healthcare facilitys, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Near average
7 yrs newer than neighborhood avg.
Mother tongue
English · 75%Tagalog · 9%
Past 10 years Minto sales snapshot (~80% of all data)
825
271.7k
$287/sqft
1933
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42.5 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: #46110107
$74K
Median household income
$90K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
30%
Single-person households
17%
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
649 Greenwood Place — 28 amenities found within 500 m, across 9 categories, including 12 dining (nearest 319 m), 2 education (nearest 370 m), 4 healthcare (nearest 226 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 | Bottom 38% | Top 16% | Bottom 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 39% | Bottom 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 31% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 649 Greenwood Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, compact bungalow built in 1940, situated on a generously sized lot in the Minto neighbourhood. Its primary appeal lies in its value proposition and land potential. With a living area of 696 sq ft, it is notably smaller than most comparable homes locally and city-wide, indicating a cozy, efficient layout. However, it compensates with a land area of 4,355 sq ft, which is significantly above average for the Minto area. This presents a clear opportunity for expansion, a large garden, or future development, subject to zoning.
The assessed value is modest, and recent sale history suggests it is positioned as an accessible entry point into the Winnipeg market. This property would best suit a first-time buyer, an investor, or a hands-on owner looking for a land-value play. Its appeal is practical rather than luxurious, ideal for someone comfortable with a smaller original footprint who sees potential in the substantial lot. A thoughtful perspective is that while the home itself ranks below average in size, its lot size ranks in the top 12% for the neighbourhood, making it a standout in that specific, valuable metric.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 696 sq ft, the living space is significantly smaller than the average home in the area. It would suit a single person, a couple, or someone willing to renovate or expand. The generous lot size is a key feature that offsets the compact interior.
2. What does the sold price history indicate?
The home has sold three times since 2016, with the latest sale in 2024 in the $300k-$350k range. This shows steady market activity and price appreciation over the past eight years, reflecting sustained demand for properties in this category.
3. How does the lot size compare, and why does it matter?
The 4,355 sq ft lot is well above the Minto neighbourhood average. This is a major asset, offering more outdoor space, privacy, and future potential than many nearby properties, which often have smaller lots.
4. What is the neighbourhood context of Minto?
Minto is an established, central neighbourhood. The property’s metrics—like its year built and assessed value—are generally around average for this specific area, meaning it is typical of the community’s older, modestly sized homes.
5. How current are the assessed value figures?
The assessed value of $26,700k is for municipal tax purposes and is typically based on historical market data. It is often lower than the current market value, as evidenced by the recent sale price, and should not be used alone to determine the home's worth.
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