847 Peake Avenue

Mission Gardens, Winnipeg

Property score

52.6

Fair

Overall 52.6 · Smaller and older than most nearby homes

833 sqft (bottom 10%) · Built in 1971 (17 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 94.0 · 1-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

28% smaller than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 63%Tagalog · 9%

Past 10 years Mission Gardens sales snapshot (~80% of all data)

Sold Count

456

Median price

413k

$/sqft

$355/sqft

Avg build year

1988

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Property score

52.6 is composed by the two sections below.

Property Score

40.4Low
Living Area833 sqft32Low
Year Built197158Fair
Lot Size4,498 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

70.8Good
Household Income78Good
Education Level54Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

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.

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: #46110822

Community deep dive

$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

Population, labour & age

Population (2021)799
Labour force participation rate67%
Median age41.6
Avg household size2.6
Unemployment rate14%
Population density859 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households27%
Couple families with children25%
Median household income (2020)$83K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$344K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority40%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 62%
Mother tongue (2nd)Tagalog · 9%

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

Rankings

Living Area

below average
833 sqft
0255075100
Same streetBottom 29%Same areaBottom 10%CitywideBottom 11%
Same street · Peake Avenue
#17 / 24
Bottom 29% · Avg 949 sqft
Same area · Mission Gardens
#1,234 / 1,366
Bottom 10% · Avg 1,162 sqft
Citywide · Winnipeg
#172,303 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
308k
0255075100
Same streetBottom 21%Same areaBottom 17%CitywideBottom 32%
Same street · Peake Avenue
#19 / 24
Bottom 21% · Avg 321.1k
Same area · Mission Gardens
#1,133 / 1,366
Bottom 17% · Avg 373.4k
Citywide · Winnipeg
#133,022 / 194,458
Bottom 32% · Avg 390.1k

Year Built

around average
1971
0255075100
Same streetBottom 46%Same areaBottom 5%CitywideTop 47%

Lot Size

around average
4,498 sqft
0255075100
Same streetTop 42%Same areaBottom 33%CitywideBottom 34%

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

847 Peake Avenue — 18 amenities found within 500 m, across 8 categories, including 4 dining (nearest 253 m), 3 healthcare (nearest 361 m), 2 shopping (nearest 153 m).

Search radius
🍽️Dining4
🏥Healthcare3
🛒Shopping2
🌳Parks4
💪Sports1
🏦Finance2
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 8/2022CA$250k–300k
Sold price

Same street

Bottom 22%

Same area

Bottom 25%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 847 Peake Avenue, Winnipeg

Property Overview: 847 Peake Avenue, Mission Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 847 Peake Avenue is a practical, no-frills property that represents an accessible entry point into Winnipeg’s Mission Gardens neighbourhood. Built in 1971, it’s a home that prioritizes function and lot size over expansive living space.

Its key appeal lies in its value proposition. With a living area of 833 sq ft, the house is notably compact—smaller than most in the immediate area and citywide. However, it sits on a decent-sized lot of 4,498 sq ft, which is quite typical for its street. This presents a classic trade-off: a modest-sized home on a standard city lot, often appealing to those who see potential in the land itself or who prefer lower maintenance without sacrificing outdoor space.

The home suits specific buyer profiles well. It would be a fit for first-time buyers seeking affordability and a manageable footprint, or for investors looking for a rental property with a stable assessed value. It’s less suited for those needing significant interior space. A thoughtful perspective is that its below-average size and assessed value for the Mission Gardens area might indicate an opportunity for the right buyer—someone comfortable with a cozy layout who values the neighbourhood location over square footage, or who views the lot as the primary long-term asset.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 833 sq ft, the living area is below the average for Mission Gardens (1,162 sq ft) and for the city. On Peake Avenue itself, it ranks in the bottom third for size among 24 comparable homes.

2. What is the property’s assessed value, and how does it compare?
The assessed value is $30,800. This is below the average for both Peake Avenue and the Mission Gardens area, but sits close to the city-wide average for assessed values.

3. How old is the home, and what does that mean?
The home was built in 1971, making it 55 years old. On its street, it’s about average age, but it is older than approximately 95% of homes in the broader Mission Gardens neighbourhood, which generally features newer construction.

4. What is the lot size, and is it typical?
The lot is 4,498 sq ft. This is very close to the average lot size on Peake Avenue and is reasonably typical for the area, though lots city-wide are generally larger.

5. What was the home’s last sale price?
Public data indicates it sold for between $250,000 and $300,000 in 2022. For the exact sale price, you can request details via email from the listing source.

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