Property score
56.0
Fair
Overall 56.0 · Smaller and older than most nearby homes
964 sqft (bottom 28%) · Built in 1970 (18 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 3 healthcare facilitys, 2 shops, and 4 parks nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 63%Tagalog · 9%
Past 10 years Mission Gardens sales snapshot (~80% of all data)
456
413k
$355/sqft
1988
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56.0 is composed by the two sections below.
Property Score
Community Score
Mission Gardens
How to read: Share of sales in each ~$50k price band for “mission gardens” (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: #46110822
$83K
Median household income
$98K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
27%
Single-person households
25%
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
824 Peake Avenue — 18 amenities found within 500 m, across 8 categories, including 4 dining (nearest 258 m), 3 healthcare (nearest 393 m), 2 shopping (nearest 252 m).
Mission Gardens · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 5% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 824 Peake Avenue, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Mission Gardens neighbourhood. Built in 1970, its 964 sqft living space is modest but functional, ranking around average for its immediate street. The standout feature is the lot: at just under 5,000 sqft, it is notably larger than most on Peake Avenue, offering valuable outdoor space or future expansion potential in a city where lot sizes are typically smaller.
The appeal lies in its grounded value proposition. With an assessed value of $310,000, it sits below the average for its immediate area and street, suggesting a potentially accessible entry point into the neighbourhood. This isn't a modern, renovated showcase; it's a straightforward property where the value is anchored significantly in the land itself. It would suit a first-time buyer, an investor, or a practical homeowner comfortable with a home that may require updates. The larger lot is a key asset for someone prioritizing private outdoor space, gardening, or seeing long-term value in the land over immediate interior finishes.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is a starting point for market evaluation. Being below the local average may indicate a more competitive asking price, but the final sale price will depend on market conditions, the home's interior condition, and buyer demand.
2. What does the larger lot size mean for me?
A lot size that's above average for the street is a tangible asset. It provides more privacy, yard space, and potential for additions, decks, or landscaping than neighbouring properties. This can be a significant long-term advantage even if the house itself is modest.
3. The home is older—what should I consider?
A 1970s build may have original components like windows, roofing, or mechanical systems nearing the end of their service life. A thorough inspection is crucial to understand any needed updates (e.g., electrical, insulation) and to budget accordingly.
4. How does this property compare to others in Winnipeg?
City-wide, this home's living space is below average, but its assessed value is around the city median. This highlights that you are paying more for the location and land in Mission Gardens than for sheer interior size compared to some other Winnipeg areas.
5. Can I find out what this home previously sold for?
Exact historical sale prices are available upon request from the listing service. Public data shows a sale in the $200k-$250k range in 2016, which provides context on its market history and appreciation.
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