520 Almey Avenue

Peguis, Winnipeg

Property score

72.6

Good

Overall 72.6 · Smaller and older than most nearby homes

1,248 sqft (bottom 9%) · Built in 1972 (45 yrs older than avg)

Located in a high-income area with median household income of ~89k

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

45 yrs older than neighborhood avg.

Mother tongue

English · 51%Punjabi · 12%

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

Sold Count

887

Median price

505.3k

$/sqft

$321/sqft

Avg build year

2017

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Property score

72.6 is composed by the two sections below.

Property Score

70.4Good
Living Area1,248 sqft66Good
Year Built197258Fair
Lot Size12,650 sqft98Excellent
Neighbourhood Sales Activity89Excellent

Community Score

76.0Good
Household Income80Excellent
Education Level72Good
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health76Good

Neighbourhood Sales

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.

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: #46111251

Community deep dive

$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

Population, labour & age

Population (2021)5,901
Labour force participation rate73%
Median age33.6
Avg household size2.7
Unemployment rate9%
Population density2398 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children31%
Median household income (2020)$89K

Housing

Renter households39%
Condominium dwellings23%
Median dwelling value (owners)$396K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority49%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 50%
Mother tongue (2nd)Punjabi · 11%

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

Rankings

Living Area

around average
1,248 sqft
0255075100
Same streetBottom 17%Same areaBottom 9%CitywideTop 46%
Same street · Almey Avenue
#45 / 54
Bottom 17% · Avg 1,729 sqft
Same area · Peguis
#1,468 / 1,619
Bottom 9% · Avg 1,607 sqft
Citywide · Winnipeg
#89,012 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
441k
0255075100
Same streetBottom 4%Same areaBottom 30%CitywideTop 30%
Same street · Almey Avenue
#52 / 54
Bottom 4% · Avg 573.4k
Same area · Peguis
#1,133 / 1,619
Bottom 30% · Avg 488.3k
Citywide · Winnipeg
#58,191 / 194,458
Top 30% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetTop 50%Same areaBottom 2%CitywideTop 45%

Lot Size

Elite
12,650 sqft
0255075100
Same streetBottom 2%Same areaTop 5%CitywideTop 3%

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

520 Almey Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 371 m), 1 healthcare (nearest 330 m), 1 shopping (nearest 490 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping1
🌳Parks2
Fuel Stations1

Crime & Safety

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%

Full crime data for Peguis →Winnipeg crime overview →

Sales History

Sold 10/2020CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 12%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 520 Almey Avenue, Winnipeg

Property Overview: 520 Almey Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This home presents a distinct value profile centered on its generous lot. At 12,650 sqft, the land area is exceptionally large for both the Peguis neighborhood (ranking in the top 5%) and city-wide (top 3%), offering significant outdoor space and potential. This stands in contrast to the home itself, which at 1,248 sqft is more modest and below the local averages for living area on its street and in the immediate area.

The appeal lies in this land-to-structure ratio. The assessed value of $441k is above the Winnipeg average but below the average for Almey Avenue, suggesting you may be paying a premium for the city lot size while the house itself is valued more modestly. Built in 1972, it is older than most homes in the newer Peguis neighborhood but aligns with the city-wide average. The last known sale was between $300k-$350k in late 2020.

This property would best suit a buyer who prioritizes private outdoor space, gardens, or future expansion potential over immediate move-in size and modern finishes. It’s a practical choice for those comfortable with a home that may require updates, seeing the lot as the primary long-term asset. It may also appeal to value-conscious buyers looking in Winnipeg, where the assessed value sits above the city median, but who find the specific street's average prices out of reach.


Frequently Asked Questions

1. Is the lot size a true advantage?
Yes, especially if you value privacy, gardening, or outdoor recreation. The lot is significantly larger than typical city and neighborhood parcels. However, consider that a larger lot also means more maintenance in terms of lawn care, snow clearing, and potential landscaping costs.

2. Why is the assessed value below the street average?
The primary reasons are likely the home's smaller living area and older age compared to many neighbors. On a street where average values are around $573k, this property’s more modest structure brings its assessment down, even with the valuable lot.

3. What does the sale history indicate?
The home sold for an estimated $300k-$350k in October 2020. The current assessed value of $441k reflects the significant market-wide appreciation since that time. It’s important to get exact, verified sale figures for a complete picture.

4. How does the age of the home (1972) factor in?
While older than most homes in Peguis, a 1972 build is not uncommon in Winnipeg. It suggests systems (roof, furnace, windows) may be due for updates or replacement. A thorough inspection is essential to understand the condition and any upcoming capital costs.

5. Where can I get verified sale price data for this home?
The provided data is from public sources, not the MLS. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as industry rules prevent the display of MLS records here.

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