865 London Street

Valley Gardens, Winnipeg

Property score

71.9

Good

Overall 71.9 · Larger than most nearby homes

1,262 sqft (top 21%) · Built in 1973 (3 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, and 2 parks nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 69%Punjabi · 8%

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

Sold Count

652

Median price

325k

$/sqft

$343/sqft

Avg build year

1976

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Property score

71.9 is composed by the two sections below.

Property Score

66.0Good
Living Area1,262 sqft66Good
Year Built197358Fair
Lot Size6,998 sqft85Excellent
Neighbourhood Sales Activity42Low

Community Score

80.7Excellent
Household Income81Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

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: #46110882

Community deep dive

$91K

Median household income

$107K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

15%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)458
Labour force participation rate64%
Median age43.2
Avg household size2.9
Unemployment rate0%
Population density2180 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households15%
Couple families with children37%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority32%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Punjabi · 7%

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

Rankings

Living Area

above average
1,262 sqft
0255075100
Same streetTop 11%Same areaTop 21%CitywideTop 44%
Same street · London Street
#12 / 109
Top 11% · Avg 1,047 sqft
Same area · Valley Gardens
#418 / 2,004
Top 21% · Avg 1,117 sqft
Citywide · Winnipeg
#86,424 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
371k
0255075100
Same streetTop 13%Same areaTop 23%CitywideTop 47%
Same street · London Street
#14 / 109
Top 13% · Avg 319.4k
Same area · Valley Gardens
#460 / 2,004
Top 23% · Avg 325.5k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetBottom 49%Same areaBottom 45%CitywideTop 43%

Lot Size

above average
6,998 sqft
0255075100
Same streetTop 8%Same areaTop 8%CitywideTop 17%

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

865 London Street — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 280 m), 2 parks (nearest 234 m).

Search radius
🏫Education2
🌳Parks2

Crime & Safety

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%

Sales History

Sold 7/2024CA$350k–400k
Sold price

Same street

Top 13%

Same area

Top 21%

City-wide

Top 39%

Related homes

Highlights & common questions: 865 London Street, Winnipeg

Property Overview: 865 London Street, Winnipeg

Key Characteristics & Appeal

This 1973-built home on a large, approximately 7,000 sqft lot offers a compelling blend of space and established neighbourhood character. Its primary appeal lies in its above-average land size, which ranks in the top 8% of both its immediate street and the broader Valley Gardens area, providing rare outdoor potential for the location. With 1,262 sqft of living space, the home is more spacious than most comparable properties on its street and in the neighbourhood, ranking in the top 11% and 21% respectively.

The home’s assessed value of $371k is consistently above average for its immediate surroundings, suggesting it is a well-regarded property on a desirable street. It suits buyers looking for a solid, spacious home in a mature neighbourhood without the premium of a newer build. It’s an ideal match for someone who values a larger yard for gardening, recreation, or future expansion over having the newest house on the block. A thoughtful perspective is that while the home’s age is average for the area, its larger lot and living space offer a tangible foundation for customization that newer, denser developments often lack.


Frequently Asked Questions

1. How does this home really compare to others nearby?
The data shows it stands out positively in key areas. It has more living space and a significantly larger lot than most direct neighbours, and its assessed value is higher than the street and neighbourhood averages, indicating it’s a premium property within this specific context.

2. Is the 1973 build date a concern?
The build date is typical for the street and neighbourhood. While it means updates may be needed, it also places the home in a stable, established area with mature landscaping. The citywide average is actually older (1966), so it’s not an outlier.

3. What does the assessed value tell us about the property tax?
The assessed value is used to calculate property taxes. While this home’s assessment is above its local averages, it is below the Winnipeg citywide average for comparable homes ($390.1k), which could indicate a relatively favourable tax position compared to similarly sized homes in other parts of the city.

4. The lot size is highlighted as a top feature. What are the advantages?
Ranking in the top 8% locally, the large lot offers more privacy, space for additions like a shed or deck, and greater potential for landscaping than is common in the area. It provides a sense of space that is becoming rarer in established neighbourhoods.

5. Where can I see how this property fits into the neighbourhood visually?
You can view a detailed neighbourhood analysis map that plots this home alongside others, allowing you to visually compare year built, living area, assessed value, and lot size for nearby properties. A link is provided to open this specific map analysis.

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.