529 Castle Avenue

Talbot-Grey, Winnipeg

Property score

38.7

Below average

Overall 38.7 · Smaller but newer than most nearby homes

616 sqft (bottom 11%) · Built in 1952 (13 yrs newer than avg)

Located in a average-income area with median household income of ~59.6k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 schools, 3 parks, and 2 place of worships nearby

Living Area

Below average

32% smaller than neighborhood avg.

Year Built

Above average

13 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 8%

Past 10 years Talbot-Grey sales snapshot (~80% of all data)

Sold Count

410

Median price

176k

$/sqft

$244/sqft

Avg build year

1939

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Property score

38.7 is composed by the two sections below.

Property Score

25.5Low
Living Area616 sqft15Low
Year Built195236Low
Lot Size3,475 sqft38Low
Neighbourhood Sales Activity71Good

Community Score

58.4Fair
Household Income62Fair
Education Level44Low
Housing Stress63Fair
Core Housing Need63Fair
Employment Health60Fair

Neighbourhood Sales

Talbot-Grey

How to read: Share of sales in each ~$50k price band for “talbot-grey” (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: #46110689

Community deep dive

$60K

Median household income

$71K

Average household income

18%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

39%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)715
Labour force participation rate64%
Median age38.0
Avg household size2.3
Unemployment rate11%
Population density3250 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households39%
Couple families with children15%
Median household income (2020)$60K

Housing

Renter households39%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority29%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 7%

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

Rankings

Living Area

below average
616 sqft
0255075100
Same streetBottom 16%Same areaBottom 11%CitywideBottom 1%
Same street · Castle Avenue
#76 / 91
Bottom 16% · Avg 857 sqft
Same area · Talbot-Grey
#779 / 878
Bottom 11% · Avg 900 sqft
Citywide · Winnipeg
#192,334 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

above average
243k
0255075100
Same streetTop 14%Same areaTop 24%CitywideBottom 16%
Same street · Castle Avenue
#13 / 91
Top 14% · Avg 206.3k
Same area · Talbot-Grey
#211 / 878
Top 24% · Avg 216.4k
Citywide · Winnipeg
#164,131 / 194,458
Bottom 16% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 12%Same areaTop 19%CitywideBottom 30%

Lot Size

around average
3,475 sqft
0255075100
Same streetTop 47%Same areaBottom 42%CitywideBottom 19%

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

529 Castle Avenue — 9 amenities found within 500 m, across 3 categories, including 4 education (nearest 301 m), 3 parks (nearest 315 m).

Search radius
🏫Education4
🌳Parks3
Worship2

Crime & Safety

Talbot-Grey · WPS public data · 2026

Annual incidents

18

2026

vs. city avg

-39%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

56%

Sales History

Sold 6/2021CA$200k–250k
Sold price

Same street

Top 24%

Same area

Top 27%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 529 Castle Avenue, Winnipeg

Property Overview & Appeal

529 Castle Avenue is a compact, one-storey home built in 1952 on a notably generous lot of nearly 3,500 square feet in Winnipeg's Talbot-Grey neighbourhood. Its key characteristic is a clear contrast between its modest 616 sqft living space—which ranks in the top 2% for small size city-wide—and its substantial, private yard. The home features a renovated basement and a detached garage.

Its primary appeal lies in being an efficient, low-maintenance footprint with the rare potential for expansion or outdoor living, given the lot size. It suits first-time buyers, downsizers, or investors seeking a solid entry point into the market with a property that has inherent "value-add" potential through future renovations or additions. A thoughtful perspective is that while the home itself is humble, its above-average rankings for lot size, newer age (top 27% in Winnipeg), and assessed value on its street suggest it is a well-placed asset in its immediate context, possibly offering more stability than neighbouring, older properties.


Frequently Asked Questions

1. Is the small living area a concern?
While the 616 sqft main floor is compact, the renovated basement provides additional functional space. The significant lot size also offers unique potential for future expansion, subject to permits and approvals.

2. How does the assessed value compare to the last sale price?
The home was last sold in June 2021 for $240,000. Its current assessed value is $24,300. It's important to note that in Manitoba, assessed value is for taxation purposes only and is typically far below market value. The sale price from 2021 is a more relevant indicator.

3. What is the neighbourhood like?
Talbot-Grey is a mature, established neighbourhood. The home ranks in the top 42% for lot size within the area, indicating it sits on a larger parcel than many nearby properties, which can offer more privacy and space.

4. Is the home older and will it need work?
Built in 1952, it is newer than many homes in the city and ranks in the top 78% for age within its neighbourhood. The basement has been renovated, but as with any home of this era, a thorough inspection is recommended to understand the condition of major systems.

5. How does it compare to nearby homes?
Similar homes on the same street, like 615 Castle Avenue (built 1953, 624 sqft), have comparable living areas. The data suggests this property holds a relatively strong position on its block regarding lot size, age, and historical sale price.

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