Property score
51.3
Fair
Overall 51.3 · Smaller and older than most nearby homes
826 sqft (bottom 6%) · Built in 1972 (4 yrs older than avg)
Located in a above-average income area with median household income of ~78.5k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 4 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 63%Punjabi · 9%
Past 10 years Valley Gardens sales snapshot (~80% of all data)
652
325k
$343/sqft
1976
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51.3 is composed by the two sections below.
Property Score
Community Score
Valley Gardens
How to read: Share of sales in each ~$50k price band for “valley gardens” (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: #46110786
$79K
Median household income
$80K
Average household income
22%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
16%
Single-person households
32%
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
2 Avaco Drive — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 337 m), 4 parks (nearest 304 m).
Valley Gardens · WPS public data · 2026
Annual incidents
28
2026
vs. city avg
-5%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 19% | Top 34% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 2 Avaco Drive presents a specific value proposition centered on land and location. Its key appeal lies in offering a larger-than-average lot within a mature, established neighbourhood. The house itself, built in 1972, is modest in size compared to local and city averages, which is reflected in its below-average rankings for living area. However, its assessed value aligns closely with neighbourhood averages, suggesting the price is grounded in the local market. The property suits practical buyers looking for an entry point into a settled area, where they can invest in the land and potential of the home. It would also appeal to those comfortable with a home that may require updates, seeing the smaller interior footprint as an opportunity to customize without the premium of a larger, move-in-ready structure.
A less obvious perspective is that its consistent "around average" valuation across street, neighbourhood, and city levels indicates stability, not standing out in a way that could imply over-improvement or severe undervaluation. The larger lot offers tangible utility and future potential that a bigger house on a smaller plot might not.
1. Is the house significantly smaller than others in the area?
Yes. The living area of 826 sq ft ranks below 92% of comparable homes on its own street and below 94% within the Valley Gardens neighbourhood. This is a compact home relative to its surroundings.
2. What is the main advantage of this property?
The lot size. At 5,648 sq ft, the property offers a larger yard than most on its street and is above the neighbourhood average. This provides more outdoor space and potential.
3. How does the assessed value compare?
It is very aligned with its immediate area. The assessment of $326k is near the street average of ~$310k and the neighbourhood average of ~$325.5k, suggesting it's priced consistently within its local market context.
4. Is the home older than others nearby?
It is slightly older than its closest neighbours. Built in 1972, it is a year older than the street average (1973) and four years older than the wider neighbourhood average (1976).
5. What do the rankings actually mean?
They show how this property compares to similar ones in three circles: its street, its neighbourhood (Valley Gardens), and all of Winnipeg. A "Top 92%" rank for living area means 92% of comparable homes are larger—so it's in the bottom 8% for size on that measure. Conversely, a "Top 21%" rank for lot size means it's in the top 21%, or larger than 79% of lots on its street.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
