Property score
68.9
Good
Overall 68.9 · Smaller and older than most nearby homes
1,122 sqft (bottom 2%) · Built in 1956 (61 yrs older than avg)
Located in a high-income area with median household income of ~89k
Transit 82.0 · 8-min walk to transit with 5 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
61 yrs older than neighborhood avg.
Mother tongue
English · 51%Punjabi · 12%
Past 10 years Peguis sales snapshot (~80% of all data)
887
505.3k
$321/sqft
2017
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68.9 is composed by the two sections below.
Property Score
Community Score
Peguis
How to read: Share of sales in each ~$50k price band for “peguis” (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: #46111251
$89K
Median household income
$95K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
23%
Single-person households
31%
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
385 Almey Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 333 m).
Peguis · WPS public data · 2026
Annual incidents
15
2026
vs. city avg
-49%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Bottom 47% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 385 Almey Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its exceptional lot size. At over 64,000 square feet (approximately 1.5 acres), the property offers an elite, rare level of outdoor space within Winnipeg, ranking in the top 1% of the city. This is its most defining feature, suited for buyers seeking privacy, extensive gardens, recreational space, or future expansion potential.
The house itself, built in 1956, is more modest. At 1,122 sqft, it is smaller than most homes on its street and in the newer Peguis neighborhood, but it is close to the city-wide average. Its assessed value of $536k is above average for both the city and neighborhood, indicating that the premium is largely for the land. The appeal here is not a move-in-ready modern showhome, but a solid, older home on a truly extraordinary parcel of land. It would best suit a buyer whose priority is land over interior square footage—such as someone looking for a quiet retreat, with room for workshops, hobbies, or simply enjoying nature, all within the city. It’s a property where the real value and future potential lie in what you can do with the space around the house.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high for a smaller, older home?
The assessment reflects the property’s immense land value. In a neighborhood and city where lots are typically under 6,000 sqft, this lot’s size is a rare commodity, which is a major driver of its value.
2. How does the house’s condition factor into this analysis?
The provided data focuses on quantitative metrics like size, age, and value. The condition, layout, and any updates to the 1956-built home are not detailed here and would require a physical viewing to assess how they align with the land’s premium.
3. The neighborhood homes are much newer. What is the surrounding area like?
Peguis is a modern development, so this property is an older holdout. This means you get a large, established lot but may be adjacent to newer, larger homes. It offers a blend of seclusion and proximity to a contemporary community.
4. What are the implications of such a large lot for a buyer?
Beyond the benefits, consider the maintenance (lawn care, snow clearing) and associated costs. Also, verify any municipal zoning bylaws regarding what can be built or placed on the lot to ensure your plans are feasible.
5. The last sold price range seems lower than the current assessment. Why?
It last sold in 2019, and the market has changed since then. The current assessed value is an estimate for taxation purposes, not a market price. To understand true current value, consult a real estate professional and request the exact, verified sale history of this and comparable properties.
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