Property score
50.2
Fair
Overall 50.2 · Newer than most nearby homes
952 sqft (bottom 38%) · Built in 1978 (18 yrs newer than avg)
Located in a above-average income area with median household income of ~66k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 3 parks nearby
Living Area
Below average
6% smaller than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 79%Tagalog · 6%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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50.2 is composed by the two sections below.
Property Score
Community Score
Munroe East
How to read: Share of sales in each ~$50k price band for “munroe east” (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: #46110791
$66K
Median household income
$68K
Average household income
22%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
22%
Single-person households
22%
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
49 Garvie Walk — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 77 m), 1 education (nearest 343 m), 2 healthcare (nearest 92 m).
Munroe East · WPS public data · 2026
Annual incidents
33
2026
vs. city avg
+12%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
52%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 7% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 49 Garvie Walk, Winnipeg
Section 1: Key Characteristics & Appeal
This 952 sqft home, built in 1978, presents a practical and straightforward opportunity in Winnipeg's Munroe East neighborhood. Its primary appeal lies in its relative modernity within its immediate context—it is one of the newest homes on its street and in the local area, which may suggest updated building materials or systems compared to older neighbors. The living space is comfortably sized for the area, aligning closely with the local average.
The property stands out for its very low assessed value, which is significantly below averages for the street, neighborhood, and city. This creates a clear entry point into the market, likely translating to lower property taxes. The lot, while modest compared to broader city standards, is typical for the street.
This home would best suit first-time buyers or practical investors seeking an affordable, no-frills footprint. It’s for those who prioritize function and cost-efficiency over size or premium location, and who see value in a home that is newer than most in its direct vicinity. The close proximity of similar homes on Garvie Walk offers a consistent, established streetscape.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed values are based on mass appraisal techniques and reflect a home’s value relative to its specific market area. This assessment indicates the property is valued as a more affordable option within its local context of Munroe East and on Garvie Walk itself.
2. What does the "Elite" ranking for Year Built mean?
This statistical ranking shows the home is among the newest (top 3-4%) when compared only to its immediate neighbors on the street and in the Munroe East area. It doesn't imply luxury, but rather that it’s a relatively modern structure in its specific setting.
3. Is the living space smaller than a typical Winnipeg home?
Yes. At 952 sqft, it is below the city-wide average. However, it is much closer to the average for both Garvie Walk and the Munroe East neighborhood, indicating it is a typical size for that specific community.
4. How can I find out the exact historical sale price?
The listed sale price ranges are based on public data. The precise sale figures are verified manually by the listing service. You can request this exact history by email via the button provided on the detail page.
5. The lot seems small. Is there room for expansion or gardening?
With a 2,504 sqft lot, outdoor space is limited, especially compared to many city lots. It is slightly below average for the street. While sufficient for a small patio or garden, significant expansion or additions would require careful planning due to space constraints.
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